Relief for telecom sector! Govt okays measures to facilitate investments

It has also relaxed the spectrum holding limit for the telecom operators, according to an official spokesperson

The government has cleared the much-awaited relief measures for the debt-ridden telecom sector, providing operators the option of paying their spectrum instalments in a longer time frame and easing the spectrum holding limits.
 

The restructuring of deferred payment liabilities will increase the cash flow in the immediate time frame, whereas the relaxation of spectrum caps will facilitate the consolidation of telecom licensees and may encourage the participation in the future auctions, according to a government release.
 

The longer duration of deferred spectrum payments — 16 years, as against the current 10 years — is estimated to increase the cash flow