Airtel, Vi and Jio to Benefit from Lower Yearly Costs
The Department of Telecommunications (DoT) released Notice Inviting Applications (NIA) for the 5G spectrum auction on Wednesday. The auction is all set to take place on July 26, 2022. DoT said that the telcos wouldn’t have to pay SUC (Spectrum Usage Charges) along with the Bank Guarantees (BGs) for the spectrum they acquire during the upcoming auction. This means that the outgo of cash for the telcos will reduce significantly.... Read More