Airtel, Voda Idea make part payment; DoT mulls encashing bank guarantees

Just after a Supreme Courtroom rap for missing payment deadline, prime telecom firms Bharti Airtel, Vodafone Thought and Tata Teleservices on Monday scrambled to spend a portion of the exceptional dues even as the apex courtroom refused to halt the government from having coercive action for any further hold off in clearing comprehensive dues.

When Airtel paid Rs ten,000 crore, Vodafone Thought Ltd set in Rs two,500 crore and promised to spend one more Rs one,000 crore before the close of the week. Tata Teleservices Ltd paid Rs two,197 crore, the complete exceptional it thinks to have arisen after the October 24 ruling of the apex courtroom for calculating dues after introducing non-telecom revenues.

The Section of Telecommunications (DoT), which was last week rapped on the knuckles for buying no coercive action even after telcos skipped the January 23 payment deadline set by the Supreme Courtroom, is mulling the possibility

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