Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • PM Modi in Manipur
  • Charlie Kirk killer
  • Sushila Karki
  • IND vs PAK
  • India-US ties
  • New human organ
  • Downton Abbey: The Grand Finale Movie Review
fp-logo
Govt likely to get Rs 23,000 cr through one-time fee
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Economy
  • Govt likely to get Rs 23,000 cr through one-time fee

Govt likely to get Rs 23,000 cr through one-time fee

FP Archives • December 20, 2014, 16:28:54 IST
Whatsapp Facebook Twitter

The government is likely to get over Rs 23,000 crore through one-time spectrum fee that has been levied on mobile operators for holding spectrum beyond a prescribed limit, Parliament was informed today.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Govt likely to get Rs 23,000 cr through one-time fee

New Delhi: The government is likely to get over Rs 23,000 crore through one-time spectrum fee that has been levied on mobile operators for holding spectrum beyond a prescribed limit, Parliament was informed today.

“The demand on account of onetime spectrum charges have been raised against the licensees in respect of GSM spectrum. The government is likely to recover Rs 23,177.66 crore from the companies holding excess spectrum,” Minister of State for Communications and IT Milind Deora said in a written reply to the Lok Sabha.

STORY CONTINUES BELOW THIS AD

[caption id=“attachment_650805” align=“alignleft” width=“380”]Reuters Earlier, telecom operators were given 4.4 MHz of spectrum with licence at price of Rs 1,658 crore for pan-India operations. Reuters[/caption]

The government has issued the necessary order on December 28, 2012, Deora added. To a query on the steps taken by the government to recover the charges, Deora said the matter is sub-judice. The government is likely to get Rs 6,911.86 crore from BSNL, Rs 5,201.24 crore from Bharti Airtel, Rs 3,599.40 crore from Vodafone, Rs 3,205.71 crore from MTNL and Rs 1,882 crore from Idea Cellular.

More from Economy
Inflation likely to be a big focus area for budget 2024, say sources Inflation likely to be a big focus area for budget 2024, say sources Explained: Will the Bank of Japan break tradition and raise interest rates? Explained: Will the Bank of Japan break tradition and raise interest rates?

Earlier, telecom operators were given 4.4 MHz of spectrum with licence at price of Rs 1,658 crore for pan-India operations and later they were entitled to get 1.8 MHz spectrum on fulfilment of certain subscriber base criteria.

The government has decided that existing operators should pay for holding spectrum above 6.2 MHz retrospectively, from July 2008 to December 31, 2012. For spectrum above 4.4MHz, they would have to pay for the remaining period of their licences starting January 1, 2013.

The operators were given the option to surrender spectrum beyond 4.4 MHz if they did not wish to pay the charges. The price of the spectrum was determined on the basis of the price discovered in the 1800 MHz spectrum auction last year.

The operators are permitted to pay in equal annual instalments for the balance number of years of licence in a manner that the last instalment is paid a year before the expiry of company’s licence.

PTI

Tags
TheySaidIt GSM Milind Deora CDMA Spectrum Auctions Spectrum Reserve Price
End of Article
Written by FP Archives

see more

Latest News
Find us on YouTube
Subscribe
End of Article

Top Stories

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV