Sunday, December 22

Tag: Airtel dues

After Court Order, Indian Telecom Airtel Pays Rs 10,000 crore dues
INDIA

After Court Order, Indian Telecom Airtel Pays Rs 10,000 crore dues

With the government coming down heavily on telcos after the Supreme Court's rap, Bharti Airtel said it has paid Rs 10,000 crore to the telecom department towards statutory dues. The company said it will make payment of balance amount after self-assessment exercise. "The...amount of Rs 10,000 crore has been paid on behalf of Bharti Airtel, Bharti Hexacom, and Telenor," the Sunil Mittal-led company said in a statement. As much as Rs 9,500 crore has been paid on behalf of Bharti Airtel (including Telenor India which merged with the company), and another Rs 500 crore for Bharti Hexacom. As per the government's assessment, Airtel owes nearly Rs 35,586 crore in statutory dues, including licence fee and spectrum usage charge. After facing the ire of the Supreme Court for putting on...