Close Menu
    What's Hot

    Indian Government Rules Out Relief for Vodafone Idea Amidst Financial Strain

    02/July/2025

    Vodafone Idea (Vi) Launches New Guarantee Programme for 2G Users

    02/July/2025

    OnePlus Nord 5 5G Set to Launch Globally on July 8: A Powerhouse for India

    02/July/2025
    Facebook X (Twitter)
    TelecomByte
    • News
    • Telecom
    • Broadband
    • DTH & Cable
    • Smartphone
    • Apps
    • Games
    • Contact Us
    TelecomByte
    | Bharti Airtel | Airtel, Vi could save Rs 40,000 crores with Centre’s rethink on spectrum charge
    Bharti Airtel

    Airtel, Vi could save Rs 40,000 crores with Centre’s rethink on spectrum charge

    Lingraj SahuBy Lingraj Sahu06/October/20213 Mins Read
    Share Facebook Twitter LinkedIn Email WhatsApp Copy Link
    Follow Us
    Google News Facebook X (Twitter)
    Airtel, Vi could save Rs 40,000 crores with Centre's rethink on spectrum charge

    In fact, the central government is considering withdrawing the Rs 40,000 crore legal case against telecom companies. If this happens, then there will be a big relief for the telecom sector going through the crisis.

    Telecom companies Bharti Airtel and Vodafone-Idea (VI) can get relief from the central government. In fact, the central government is considering withdrawing the Rs 40,000 crore legal case against telecom companies. If this happens, then there will be a big relief for the telecom sector going through the crisis. Notably, earlier on behalf of the Department of Telecommunications, a legal case has been filed against Anil Ambani-promoted Reliance Communications in the Supreme Court.

    Airtel, Vi

    The matter can be withdrawn by the government

    According to DoT, at present, the telecom sector is going through a crisis due to many reasons. Due to this, the companies have to face a lot of losses. In such a situation, the matters will be reconsidered by the Central Government. There is a case of liability of Rs 40,000 crore on telecom companies to the government.

    However, now the central government wants to resolve this matter out of court separately from the tinkering of the law. In such a situation, the Central Government has demanded a stay on the process of going ahead with the hearing on the petition filed in the case. Along with this, four weeks’ time has been sought from the Supreme Court, so that it can decide whether it has to pursue this matter in the court or not.

    Airtel, Vi

    But the government will also have to take into account the current financial situation of the loss-making Vodafone Idea and consider if the OTSC can also be brought under a moratorium currently covering the adjusted gross revenue (AGR) installments and spectrum payments, the official added.

    If DoT decides to withdraw its appeal, it will be the latest move of the government to help a stressed telecom sector whose stakeholders including banks have appealed for help. In 2019, OTSCs for the sector was about Rs 25,000 crore but in its affidavit to the SC on Tuesday, DoT said the financial liability for telecom service providers would be to the tune of around Rs 40,000 crore.

    Airtel, Vi

    Government announces relief package for telecom sector

    Let us tell you that on September 15, a relief package for the telecom operator was announced by the government. In which the telecom operator was given additional time by the government to pay the dues. Along with this, the penalty on interest was announced to be taken in equity.

    Follow TelecomByte for the latest Tech News, also keep up with us on Twitter, and Facebook.

    Bharti Airtel DOT Vodafone Idea
    Share. Facebook Twitter LinkedIn Email WhatsApp Copy Link
    Lingraj Sahu
    • Website
    • Facebook
    • Instagram
    • LinkedIn

    Lingraj is one of the youngest members of TelecomByte, and a recent tech geek convert. When he's not churning out articles, you’ll find him watching sports, exploring new places, and listening to music.

    You may also like

    Indian Government Rules Out Relief for Vodafone Idea Amidst Financial Strain

    02/July/2025

    Vodafone Idea (Vi) Launches New Guarantee Programme for 2G Users

    02/July/2025

    OnePlus Nord 5 5G Set to Launch Globally on July 8: A Powerhouse for India

    02/July/2025
    Leave A Reply Cancel Reply

    Recent Posts
    • Indian Government Rules Out Relief for Vodafone Idea Amidst Financial Strain
    • Vodafone Idea (Vi) Launches New Guarantee Programme for 2G Users
    • OnePlus Nord 5 5G Set to Launch Globally on July 8: A Powerhouse for India
    • DOT Poised to Reject Airtel’s Equity Swap Request: A Turning Point in Telecom Sector Policy
    • DOT Rules Out Further Delicensing of 6 GHz Band: What It Means for India’s Wi-Fi Future
    Don't Miss

    Reliance JioFiber Preview Customers Might Get Free Service for Two Months

    Lingraj Sahu31/August/2019

    Reliance Jio is all set to launch its JioFiber FTTH service commercially on September 5…

    FAU-G Teaser Released, Expected Release on November: First Look

    26/October/2020

    Airtel acquires 25% stake in Lavelle Networks an SD-WAN startup

    01/February/2022

    Airtel 5G Plus now live in Kolkata

    22/March/2023
    Stay In Touch
    • Facebook
    • Twitter
    © 2022 - 2025 . Copyright TelecomByte.
    • About Us
    • Privacy Policy
    • Terms and conditions
    • Disclaimer
    • DMCA Policy
    • Acceptable Use Policy
    • Cookie Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.