Airtel pays Rs 10,000 crore to govt towards statutory dues
- 2181
- 80
-
- Last Comment
Airtel pays Rs 10,000 crore to govt towards statutory dues
With the government coming down heavily on telcos after the Supreme Court’s rap, Bharti Airtel on Monday said it has paid Rs 10,000 crore to the telecom department towards statutory dues. The company said it will make the payment of the balance amount after a 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 hold recovery of dues from telecom companies, the telecom department on February 14 began issuing orders asking firms such as Bharti Airtel and Vodafone Idea to clear past dues immediately. — PTI
- Sort By
I wish Airtel goes bankrupt after paying all dues…
…and Voda-Idea before paying any dues
But then we will only have jio o.O
JioAirtel
(not reliance jio re)
AGR Dues: Supreme Court Rejects Vodafone’s Proposal To Pay Rs 2,500 Crore Today
Currently Airtel has better speed and services than Jio. And for some of us, it’s even cheaper.
Idea 4G internet in Mumbai – does it work better than JIO / airtel
Ismese adha pesa to mere hi account ka hoga. Illegitimate VAS ka activation krke😠😠😠
But still bad if voda idea and airtel vanishes. Can’t cope with 10kb speed of jio and 50 rupee hike per year or less
Doesn’t the bank have guarantees for all these loans given to telecos? How will it become an NPA? Just today the supreme court ruled out Vodafone plea of not allowing banks to encash the guarantees. So aren’t they secured
Only around half is secured.
Ameer to hai Bharti Mittal… … Per Bhartiya hai jo danda kha kar hi manta hai…