Department of Telecom Said to Receive Rs. 17,876 Crore From Operators as Upfront Payment for 5G Spectrum

Department of Telecom Said to Receive Rs. 17,876 Crore From Operators as Upfront Payment for 5G Spectrum

The Department of Telecom (DoT) has received upfront payment of around Rs 17,876 crore from Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction, according to sources. While all telecom operators have opted to make payments in 20 annual installments, Bharti…