The industry as a whole faces dues worth over Rs 1.3 lakh crore in licensee fee, spectrum usage charge (SUC), penalties and interest, after SC backed the government’s stance that non-core items should be included while calculating AGR. Licensee fee and SUC are calculated on the basis of AGR.
DoT updating figures to reflect tweaks to AGR definition after Supreme Court order.
The already stressed telecos have less than three months to pay the Rs 1.3 lakh crore in license fees and SUC.
The apex court has ruled that AGR should include all revenue accrued to carriers. But, now the government is in a bind over how to recover more than Rs 1.3 lakh crore from and already stressed sector. Vodafone Idea will be the worst affected.
Each new tariffs will come with 1000 minutes of offnet IUC minutes, which would have cost users Rs 80 if purchased separately. The plans also have data worth 56GB, 112 GB and 168 GB worth of data.
Telco’s bundled recharge packs now start at Rs 98, Rs 19, Rs 52 plans removed after IUC recovery bid
The tussle between the telco and the IT department started regarding the assessment order 2017-2018 financial year, in which the Kumar Mangalam Birla promoted company suffered losses in excess of Rs 6,600 crore.
Users who had signed up for JioFiber trials, continue to get the services for free. Now, Jio won’t be able to charge customers for home broadband services for at least another month as it is migrating to an integrated billing system that is yet to stabilise.
The RCom-DoT clash mirrors a similar battle between the government and another bankrupt telco, Aircel, which is also undergoing insolvency. Even in that case, Department of Telecommunications has asked the operator to return its airwaves.
A two-year holiday on payment of spectrum dues totaling over Rs 40,000 crore is in the works for telecos.
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