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Govt allows telcos to defer spectrum dues
November 20, 2019 | By Livemint.com
business
In view of financial stress faced by telcos, cabinet approves deferring receipt of spectrum auction instalments for two years.Deferred spectrum payments to be equally spread over the remaining installments; telcos will, however, have to pay applicable interes…
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NEW DELHI : The Union cabinet on Wednesday gave beleaguered telecom operators Bharti Airtel Ltd and Vodafone Idea Ltd a breather by allowing them to defer payments for spectrum purchases by up to two years. The move to defer payments for 2020-21 and 2021-22
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