INSUBCONTINENT EXCLUSIVE:
Bharti Airtel and Vodafone Idea hold the majority of the dues.Telecom operators owe the government nearly Rs 1.47 lakh crore in licence fee
(LF) and spectrum usage charges (SUC) and there is no consideration for a waiver, the Communications Ministry told Parliament on
Wednesday.Of the total amount, the licence fee comes to Rs 92,642 crore as of July this year, while SUC comes to Rs 55,054 crore as of
October-end this year.Bharti Airtel and Vodafone Idea hold the majority of the dues
For Bharti Airtel, dues are around Rs 35,586 crore -- Rs 21,682 crore as LF and Rs 13,904 crore as SUC excluding Tata Teleservices and
Telenor -- while for Vodafone Idea they amount to Rs 53,038 crore, of which Rs 28,309 crore is LF and Rs 24,730 in SUC."The Supreme Court
upheld the definition of 'gross revenue' and 'adjusted gross revenue' as enumerated in the Licence Agreement
The court has directed to make the payments of due amounts within three months and report the compliance," the ministry said in response to
two questions in Lok Sabha, related to payment of dues and penalties."These amounts (licence fee) are provisional and subject to revision in
light of the Hon'ble Supreme Court judgment dated 24.10.2019," the ministry added, indicating that the total dues could be higher than the
Rs 1.47 lakh crore figure.On the question of whether the government has proposed to provide a waiver for penalties and interest on the
non-payment of license fee on AGRs by carriers and whether the government is considering to extend the time limit for the payment of licence
Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
