According to sources, the Department of Telecommunications (DoT) has received advance payments of around Rs 17,876 crore from Bharti Airtel, Reliance Jio, Adani Data Network and Vodafone Idea for the spectrum won in the recently held auctions. While all telecom operators have opted to pay in 20 annual instalments, Bharti Airtel has paid Rs 8,312.4 crore, equivalent to four annual instalments.
Reliance Jio Have paid Rs. 7,864.78 crore, Vodafone Idea Rupee. 1,679.98 crore and Adani Data Network Rs. 18.94 crores.
“DoT has received a total payment of about Rs 17,876 crore. Only Bharti Airtel Have paid four annual installments in one go,” an official source said.
In the country’s biggest ever auction of telecom spectrum, a record Rs. 1.5 lakh crore bid, in which Mukesh Ambani’s Jio took nearly half of all airwaves for Rs. 87,946.93 crore bid.
Gautam Adani’s group has bid Rs 211.86 crore for the 400 MHz band, which is not used for offering public telephony services.
Telecom tycoon Sunil Bharti Mittal’s Bharti Airtel made a successful bid of Rs. 43,039.63 crore, while Vodafone Idea Limited bought spectrum for Rs. 18,786.25 crores.
Telecom operator Airtel on Wednesday announced That he had paid Rs. 8,312.4 crore to DoT for spectrum received in the recently concluded 5G auctions.
Along with the payment, Airtel has made advance payment of four years of 2022 spectrum dues. The company had the option to pay Rs. 3,848.88 crore in advance and the balance in 19 annual instalments.
Airtel said it believes it will allow advance payments, moratorium on spectrum dues and AGR (adjusted gross revenue) related payments for four years, freeing up future cash flows and allowing Airtel to dedicate resources. will allow us to focus on 5G. roll out.