Telecom companies paid the upfront dues of spectrum auction
Telecom companies who acquired airwaves during the last month’s auction paid their upfront amount balance with the Department of Telecommunications (DoT) by paying Rs. 18,000 crore. The deadline for the making the payments was Thursday. The seven operators, who won the bids had to pay an initial amount of Rs. 28,872 crore, with the rest in installments after a two-year moratorium. The payments have helped the Government to meet its... Read More