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DoT extends date to make payments for spectrum to Aug 17

The Department of Telecommunications has extended the last date to make payments for spectrum acquired in the recently concluded auction to August 17, by a day. This is as August 16 is a bank holiday in Maharashtra. Reliance Jio and Vodafone Idea’s top brass for telecom are based in Mumbai.

Adani Data Networks
The total value to be paid (excl GST) : Rs. 211.8636993 crore.

Option 1: Pay full amount or part upfront payment (which can be a multiple of complete years with a minimum of two years).

Option 2: Payment in 20 equal annual instalments of the bid amount, first instalment being Rs. 18.9462303 crore.

Bharti Airtel Limited
Option 1: Full payment of Rs. 43039.6343131 crore or part upfront payment (which can be a multiple of complete years with a minimum of two years).

Option 2: Payment in 20 equal annual instalments of the bid amount, first instalment being Rs. 3848.8841159 crore. (38,48,88,41,159/-)

Reliance Jio Infocomm Limited
Option 1: Full payment of Rs. 87946.9376666 crore or part upfront payment (which can be a multiple of complete years with a minimum of two years)

Option 2: Payment in 20 equal annual instalments of the bid amount, first instalment being Rs. 7864.7873492 crore.

Vodafone India Limited
Option 1: Full payment of Rs. 18786.2519989 crore or part upfront payment (which can be a multiple of complete years with a minimum of two years)

Option 2: Payment in 20 equal annual instalments of the bid amount, first instalment being Rs. 1679.9888770 crore.

All the four bidders were directed, “in the frequency range 25.5 – 27 GHz, a keep out zone of 2.7 km radius may need to be provided from a location to be specified in future in Gujarat and in Andaman & Nicobar Islands. Accordingly, the concerned assignee of spectrum as mentioned above may be required to relocate their transmitters as necessary, for which a pro-rata reduction in the total payment liability will be allowed w.e.f. date of such exclusion or date of relocation of transmitters, whichever is later.”

CT Bureau

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