Telecom firms owe the government a whopping Rs 9,636.34 crore as outstanding amount for spectrum usage charges and licence fees, Parliament was informed today.
The Centre today asked the Supreme Court to consider allowing the telecom operators, whose 2G licences were cancelled last year, to continue to operate after the January 18 deadline.
It will not be making fresh capital investments in India and instead will use the infrastructure which is being dismantled in circles where it lost licenses in the remaining six circles.
The telecom and law ministries seem keen to somehow bring the NDA's 2G licences into the scope of the recent Supreme Court verdict
Russian conglomerate Sistema has threatened India with international arbitration proceedings if the government fails to resolve the fallout due to a recent court decision cancelling the company's permits to offer mobile services in the country, within six months.
On Wednesday, Etisalat said that it was shutting down its Indian operations following the Supreme Court's decision to cancel its licences.Etisalat said this decision has been taken to protect the interests of its stakeholders and avoid incurring further costs.
The operator said it had booked an impairment charge of 3.04 billion dirhams, before federal royalties, against the full carrying value of goodwill for its Indian operations, including licences.