Business Standard

Govt rules out more reliefs to telcos, feels sector out of financial stress

Bharti Airtel and Vodafone Idea will have to shell out Rs 35,000 crore and Rs 54,000 crore, respectively

telecom
Premium

All the companies have increased tariffs by 40 per cent in December and the IUC regime has also been extended

Megha Manchanda New Delhi
Bharti Airtel and Vodafone Idea should not expect any relief from the government, which feels with the tariff hikes and the deferment of the regime of zero interconnect usage charges (IUC) by another year, the sector is out of financial stress and does not require help from the Centre.

Bharti Airtel and Vodafone Idea will have to shell out Rs 35,000 crore and Rs 54,000 crore, respectively.

“Going against the decision of the Supreme Court is unethical and we have always maintained that the review petitions filed by the telcos (Airtel and Vodafone Idea) do not hold any merit,” an official told

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in