Wednesday 1 April 2015

Spectrum auction: Telecom cos to pay Rs 10,791 crore to govt

The payments totalling Rs 10,791 crore on 31 March 2015, were a part of the nearly Rs 29,000 crore that the auction winners need to pay by April 8 

The government has received Rs. 10,791 crore from mobile phone operators including Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm as part of upfront payments for airwaves following the spectrum auction, according to a media report.

 The payments totalling Rs 10,791 crore on 31 March 2015, were a part of the nearly Rs 29,000 crore that the auction winners need to pay by April 8, the report further said. 

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