Government could soon come up with a proposal to provide relief to telecom companies
By
Biju Kumar
An extension of the moratorium on spectrum payments along with reduction in spectrum usage charge (SUC) are some of the measures being considered to reduce the stress on telecom companies.
The government is believed to have discussed the proposal to defer spectrum payments and thereafter convert part of the interest dues of telecom companies into equity in order to maintain the net present value of the outstanding, according to a report in Times of India.