Tata Teleservices pays ₹2,197 crore worth of license fees

Following the Supreme Court judgement on adjusted gross revenue dues, Tata Teleservices today said that the company has paid ₹2197 crore to the Department of Telecommunications (DoT), in a statement to the exchanges.

“ Pursuant to the judgement dated 24 October 2019 of the Hon’ble Supreme Court and in accordance with further communications from the DoT, Tata Teleservices Limited (TTSL) and Tata Teleservices (Maharashtra) Limited (TTML) have made a payment of Rs. 2,197 crores to the DoT towards License Fees and Spectrum Usage Charges,” said the company statement.

TTSL and TTML have also submitted to DoT the details of calculations in support of the payment.