Reliance Jio pays Rs 10,792-crore spectrum dues to DoT

Reliance Jio has paid Rs 10,792 crore to the Department of Telecomm­un­ications (DoT) for 269.2 MHz of spectrum it acquired in 2016.

While Jio had made upfront payments, it has dues of Rs 15,000-16,000 crore towards spectrum it acquired in 2014 and 2015. Jio will have to in­form the DoT by Friday whe­ther it wants a moratorium for the balance payments.

Bharti Airtel has already decided to opt for a four-year moratorium on spectrum and adjusted gross revenue (AGR) dues payable to the government. Vodafone has also taken a decision to opt for a moratorium on spectrum dues and has to communicate its stance on AGR dues.

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