Epic Research

Thursday, January 10, 2013

Epic Update : DoT issues one-time fee demand notice to telecom companies

Bharti Airtel  to pay Rs 5,200 crore one-time fee
Idea to pay Rs 1,882 crore one-time fee
Reliance Communications  to pay Rs 173.47 crore one-time fee
BSNL to pay Rs 6,912 crore one-time fee
Telcos to pay amount due within 10 days
Total payment to be made in equal instalments
Equal instalments to be spread over licence period
One-time fee demand likely to be challenged by telcos
Telcos likely to approach TDSAT for relief

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