DoT calculates telcos’ dues for each circle

NEW DELHI: In perhaps the first step towards invoking bank guarantees of defaulting mobile companies over the adjusted gross revenue (AGR) matter, the department of telecom (DoT) has started circlewise calculation of dues of operators towards various statutory payments.

The bank guarantees — estimated to be over Rs 10,000 crore — are secured for two quarters and are primarily given in lieu of the spectrum usage charge and the licence fee that companies need to pay.

Also, the government is understood to have sent a fresh recovery notice to companies, asking them to pay the amount according to the AGR order. Apart from Vodafone Idea and Airtel, those getting the notice also include the Tata Group, which has been asked to pay Rs 14,000 crore.