Jio slams COAI for its stand on dues
ukesh Ambani’s Reliance Jio has fired off a letter to the Cellular Operators Association of India (COAI) denouncing the industry forum for taking sides in the controversial issue over unpaid telecom licence fee dues of legacy players such as Airtel and Vodafone Idea.
Last week, the Supreme Court handed down a verdict upholding the department of telecom’s demand notices to 15 telecom players directing them to pay up licence fee dues estimated at a combined Rs 92,600 crore within the next three months. The verdict ended a nearly two decades long dispute between the telecom players and the DoT over the formula for calculating licence fee dues, interest and penalties.