+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Govt gets Rs 25,900 cr in AGR dues; asks telcos to make full payment

Mar 11, 2020, 15:25 IST
PTI
New Delhi, Mar 11 () The government has received part payment of about Rs 25,900 crore from telecom operators towards statutory dues and has again directed telcos to make full payments, Parliament was informed on Wednesday.

"The Telecom Service Providers (TSPs) have made some payments in compliance with the Supreme Court order dated October 24, 2019," Minister of State for Communications Sanjay Dhotre said in a written reply to the Lok Sabha.

Advertisement

The minister said the government has "again" directed the operators to make full payments in a letter dated March 4, 2020.

"The government has directed all TSPs to make the payments in accordance with the order of the Hon'ble Supreme Court dated 24.10.2019 vide letters dated 13.11.2019, 20.01.2020 and 14.02.2020," he said.

Dhotre informed the House that so far, Bharti Airtel has paid Rs 18,004 crore and Vodafone Idea has shelled out Rs 3,500 crore.

Tata Teleservices has paid about Rs 4,197 crore, while Rs 3.9 crore has been received from Reliance Communications. Reliance Jio has paid about Rs 195 crore.

Advertisement

To another question on whether the government has any plans to set up new anti-trust laws to prevent monopolisation and/or cartelization in the telecom sector, Dhotre said, "No such proposal is under consideration."

To a separate question on financial distress in the telecom sector, he said Cellular Operators Association of India (COAI) has sought government intervention to avert an unprecedented impact on the financial health of its member companies.

"The government has offered a moratorium to the TSPs to defer payment of the spectrum auction instalments dues for 2020-21 and 2021-22, either for one or both years," he said. MBI MBI ANUANU

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article