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Indian telcos owe government 548.28B Indian rupees


According to Market Intelligence, December 2022


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Indian telcos owe government 548.28B Indian rupees

TheIndian government is seeking 548.28 billion Indianrupees in various fees and penalties from the local telecom operators, The Economic Times reported May 11, citingUnion Minister of Communications and Information Technology Ravi Shankar Prasad.

Theoutstanding dues are for license fees, spectrum charges, mobile numberportability testing fee arrears, and penalities on violations of radiations andcustomer acquisition norms.

In a lettersent to Indian Parliament's Lower House, Prasad stated that of the arrears,443.81 billion Indian rupees remain under litigation, as the cases are pendingin different courts in the country.

, state-ownedBharat Sanchar Nigam Ltd., Vodafone India, Idea Cellular, Reliance Communications Ltd., , RelianceTelecom Ltd., Tata TeleservicesLtd. and Mahanagar Telephone Nigam Ltd. are among the telcooperators with outstanding dues.

As of May 11, US$1 is equivalent to 66.55Indian rupees.