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Telecom Companies Owe Rs 22,589 Crore As Licence Fees; Rest Rs 70,000 Crore Is Interest, Penalty

Telecom Companies Owe Rs 22,589 Crore As Licence Fees; Rest Rs 70,000 Crore Is Interest, Penalty

Submitted by • February 21, 2020 www.communicationstoday.co.in

Telecom companies’ unpaid licence fees amount to Rs 22,589 crore, while interest and penalties took the total liability to Rs 92,641 crore, sources said.Licence fee is the major component of the total Rs 1.47 lakh crore AGR (Adjusted Gross Revenue) dues owed by both operational and non-operational telecom companies to the government till July 2019.Besides licence fees, telecom companies owe Rs 55,054 crore in spectrum usage charges (SUC), as per estimates of the Department of Telecommunications (DoT).

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