BSNL, MTNL say not seeking concessions on 3G payment
May 20th, 2010 - 9:47 pm ICT by IANSNew Delhi, May 20 (IANS) State-run telecom firms Mahanagar Telephone Nigam Ltd (MTNL) and Bharat Sanchar Nigam Ltd (BSNL) Thursday said they have not sought any concessions from the government on payments they have to make for third generation (3G) spectrum.
BSNL and MTNL have already been issued airwaves for 3G services and they will have to pay the government spectrum fee based on the winner’s price for the circles where these companies operate.
“We have not sought any concessions and we are not seeking any. There are pressures on revenues, which we are trying to improve. We know we have to pay winning prices for Mumbai and Delhi. But we are not looking for exemptions. If needed, we will discuss things, but as of now we are looking at improving margins by increasing our customer base,” MTNL chairman and managing director Kuldip Singh told IANS.
While MTNL will have to shell out Rs.6,564 crore for Delhi and Mumbai, BSNL will have to pay the government Rs.10,186.6 crore for the rest of the circles.
BSNL chairman Kuldeep Goyal said: “We have enough reserves to pay for 3G spectrum. We have not sought any exemption from the Department of Telecommunications (DOT) to pay for 3G licence spectrum fee. We don’t need to seek such an exemption.”
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- MTNL not seeking concessions on 3G price: Kuldip Singh - May 20, 2010
- Government kitty swells $15 bn as telcos pay for 3G spectrum - May 31, 2010
- '3G auction completion takes India a step forward' - May 19, 2010
- Revenue from 3G auction crosses Rs.65,000 crore mark - May 17, 2010
- 3G auction: Delhi attracts highest bid at over Rs.3000 cr - May 15, 2010
- Revenue from 3G auction now over Rs.62,000 crore - May 14, 2010
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- Most telecom stocks end higher a day after 3G auction (Lead) - May 20, 2010
- Revenue from 3G auction reaches Rs.66,802.48 crore - May 18, 2010
- All telecom stocks in green a day after 3G auction - May 20, 2010
- MTNL invites bids for 3G roaming in Delhi and Mumbai - Oct 11, 2010
- Airtel pays Rs.1,177.5 crore licence, spectrum charges - Aug 24, 2011
- Revenue from 3G auction at Rs.58,416 crore - May 12, 2010
- Revenue from 3G auction reaches Rs.48,677.47 crore - May 07, 2010
Tags: 3g services, bharat sanchar nigam, bharat sanchar nigam ltd, bsnl, circles, concessions, crore, customer base, goyal, kuldeep, mahanagar telephone nigam ltd, managing director, margins, mtnl, mumbai, New Delhi, sanchar nigam ltd, spectrum, telecom firms, third generation