Two-year moratorium on spectrum payment
Mumbai, Ta. 23 November 2019, Saturday
Bharti Airtel and Vodafone Idea have not been impacted by Bharti Airtel and Vodafone Idea due to the two-year period allocated to telecom companies for payment of spectrum, and the increase in mobile calls and data tariffs from next month due to adjusted gross revenue (AGR) payments. Said.
In an October 2 ruling, the statutory deuce to be paid to the government by the Supreme Court also included non-telecom revenue. In view of the implications of this ruling, the government has provided a two-year moratorium on the payment of spectrum to telecom operators.
In addition, telecom companies have announced a hike in service rates next month.
The advertisement is also positive for the telecom industry, the rating agency said. However, it has been expressed that these measures will not prove sufficient to ease the impact of the load on Bharti Airtel and Vodafone Idea.
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