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Indian govt. receives Rs 17,876 crore upfront payment from telecom operators for...
source link: https://nextbigwhat.com/indian-govt-receives-rs-17876-crore-upfront-payment-from-telecom-operators-for-5g-spectrum/
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Indian govt. receives Rs 17,876 crore upfront payment from telecom operators for 5G spectrum
- August 18, 2022
- The Department of Telecom has received upfront payment of around Rs 17,876 crore from Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction.
- While all telecom operators have opted to make payments in 20 annual instalments, Bharti Airtel has paid Rs 8,312.4 crore equivalent to four annual instalments.
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