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Telecom Firms Have So Far Paid Rs 25,900 Crore Towards AGR Dues

Telecom firms have so far paid about Rs 25,900 crore towards adjusted gross revenue and have been asked to make the full payment as per Supreme Court’s order, the government informed the parliament today.

“The Telecom Service Providers have made some payments in compliance with the Supreme Court order dated Oct. 24, 2019,” Minister of State for Communications Sanjay Dhotre said in a written reply to the Lok Sabha. The government has “again” directed the operators to make full payments in a letter dated Mar. 4, 2020, he added.

“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 Ltd. has paid Rs 18,004 crore in AGR dues 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 Ltd. Reliance Jio Infocomm Ltd. has paid about Rs 195 crore.

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 has sought government intervention to avert an unprecedented impact on the financial health of its member companies.

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

―Bloomberg Quint

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