Telecom and VoIP Daily News



Indian government kitty swells $15b as telcos pay for 3G spectrum

time May 31st, 2010 by author David Goldstein

The Indian government added Rs.67,718.95 crore (US$15 billion) to its kitty Monday with all the nine telecom companies, including state-run MTNL and BSNL, making “full” payment to the exchequer for spectrum for third-generation (3G) telecom services.

“The seven private telecom companies have already made their payments. No company asked for extension and relaxation. BSNL and MTNL have also made full payments as per the deadline of today (May 31),” a senior official of the Department of Telecommunications (DoT) told IANS.

To read this IANS report in full, see:
www.newkerala.com/news/fullnews-118439.html

Also see:

RCom pays $1.91 billion towards 3G spectrum [Calcutta News.Net]
Anil Ambani-led Reliance Communications (RCom) Monday paid Rs.8,585.04 crore ($1.91 billion) towards spectrum fees to the government to start third generation (3G) telecom services.

RCom is one of the three private telecom operators which won 3G spectrum in 13 service areas, including the most lucrative Mumbai and Delhi circles, in an auction of airwaves that concluded May 19.
www.calcuttanews.net/story/641654
www.newkerala.com/news/fullnews-118249.html

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