Jio, Airtel, VIL, and Adani Receive Demand Notices from Telecom Department
All four businesses that purchased spectrum in the recently finished auction have received demand notices from the Department of Telecommunications (DoT) requiring them to provide payments by August 16. The telcos have the choice of making 20 equal annual payments. The telecom companies may also opt to make a partial advance payment (which may be multiple full years with a minimum of two years) or the full sum. Reliance Jio's... Read More