Reliance Jio, Vodafone Idea pay Rs 94 cr towards spectrum dues in Sept
Mobile operators Reliance Jio and Vodafone Idea have paid about Rs 94 crore (combined) to the Department of Telecom towards spectrum dues in September, an official source said.
Vodafone Idea has made a payment of Rs 54.52 crore, while the amount paid by Reliance Jio stood at about Rs 39.1 crore, the source added. The payments, which are towards deferred spectrum dues from the telecom companies, came on time.
Email sent to Reliance Jio was unanswered, while Vodafone Idea spokesperson said that the company does not comment on matters that are business as usual.
The government, in March last year, enhanced the number of annual instalments for spectrum payment from 10 to 16 years to provide relief to the debt-laden telecom sector.