October 20th, 2016 5:28 PM 3 COMMENTS

Vodafone, Tata Teleservices pay Rs 10,100-cr and Rs 2,300-cr to govt for newly acquired spectrum

Vodafone India and Tata Teleservices Limted have made payments of over Rs 10,100 crore and Rs 2,300 crore, respectively, to the telecom department for spectrum they bought in the recently-concluded auction, according to a PTI report. Vodafone, the country’s second largest carrier by users, emerged as the most aggressive bidder in the recently concluded spectrum auction. It paid over Rs 10,100 crore through deferred payment and submitted a financial bank... Read More

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