BSNL pays BWA spectrum fees of Rs 8,314cr

DoT to slap Rs 30 cr penalty for delay

PTI | June 25, 2010



State run BSNL today paid Rs 8,313.8 crore for Broadband Wireless Access spectrum, two days after the deadline expired, prompting the government to slap a penalty of Rs 30 crore on the PSU.

With this, the government has got the full Rs 38,543.31 crore from the sale of BWA spectrum.

A senior Department of Telecom official said BSNL made the payment on Thursday. BSNL made the payment without any penalty.

Dot Official said the issue of paying the penalty would be dealt with later, with DoT planning to raise a demand of Rs 30 crore.

Earlier, BSNL had sought to 5 days' time for making the BWA spectrum payment due to unavailability of funds.

All the other operators who got BWA spectrum, including MTNL, had already paid their dues by June 22, the due date.

"We have asked for a 'few more days' to pay the broadband spectrum fee, as we are in the process of arranging funds.

Although we have the required funds, these funds are not liquid at the moment and are all tied up," BSNL CMD Kuldeep Goyal had said.

BSNL had to match the winning pan-India bid -- except for the Delhi and Mumbai circles, which are reserved for MTNL -- under the broadband auction that concluded recently.

State telcos were given both 3G (third generation) and BWA spectrum more than a year ago without participating in the process of auction and were asked to match the winning bids later.

 

Comments

 

Other News

Testing the teachers, moving the goalposts

A teacher was appointed in 1999, before the Right to Education (RTE) Act came into force, and appointed under the rules that existed at that time. She gave the necessary test, passed it, passed the interview, and was appointed. Over the next 26 years, she taught thousands of children, faced transfer orde

`Focus on infra, reforms, digital connectivity has created strong foundation for growth`

In a step towards the operationalisation of the Bharat Audyogik Vikas Yojana (BHAVYA), union minister of commerce & industry Piyush Goyal launched the BHAVYA Portal on Monday in New Delhi.   Addressing the gathering, Goyal said that the BHAVYA scheme will adopt a competit

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows.   Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter