Twitter

Facebook

Youtube

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
  Rashtriya Sahara Roznama Sahara
Airtel, Vodafone Idea pay Rs 5,042 cr spectrum auction dues
Last Updated : 03 Mar 2020 04:51:37 PM IST
file photo
file photo

 

Vodafone Idea on Tuesday paid the government Rs 3,042 crore for airwaves bought in the auction back in 2014 while Airtel paid Rs 2,000 crore on the same head.

 
 
Sources said the companies made the payments on Tuesday, which was the deadline date. Any default on spectrum dues payment from auctions entitles the Department of Telecommunications (DoT) to encash the bank guarantees. 
 
Separately, Vodafone Idea has adjusted gross revenue (AGR) dues of Rs 53,000 crore of which it has paid Rs 3,500 crore. The company is hopeful of some direct relief for helping it pay the amount to DoT.

Airtel faces an AGR payment of Rs 35,500 crore and it has paid Rs 18,000 crore to DoT as its "full and final" payment after self-assessment.



IANS
New Delhi
For Latest Updates Please-

Join us on

Follow us on


What binds the two most talked about nations - India and Pakistan together? What makes the

Actor Emraan Hashmi is set to don a never-seen-before avatar of the freedom fighter -- Ram

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

172.31.16.186