April 2nd, 2015 1:35 PM 2 COMMENTS

Airtel, Vodafone, Idea and Rjio pay Rs. 11,000 crore to government as part upfront payment in current fiscal

In the recently concluded sale of airwaves the three incumbent operators committed a sum in the range of 30,000 crore each for winning back their expiring spectrum in non-metro circles and also to acquire fresh spectrum for 4G services. As per the rules laid down, the operators are required to pay 25% of the total winning bid price within the first 10 days post conclusion of the auction. DOT had... Read More

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