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DoT to issue demand notes to telcos on upfront payment for spectrum bought in auctions<\/h4><\/a><\/div>

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There was a strong business case to buy spectrum: Ravi Shankar Prasad<\/h4><\/a><\/div><\/div>

Jio picked up spectrum in 22 circles across India in the 800 MHz, 1800 MHz and 2300 MHz bands for Rs 57,123 crore. .

Rival Airtel acquired 355.45 MHz of spectrum across the 800 MHz and 900 MHz bands, besides the 1800 MHz, 2100 MHz and 2300 MHz bands, for Rs 18,699 crore.

Vi, the least aggressive bidder in the 4G auction, bought 11.8 MHz of airwaves in five circles for Rs 1,993.4 crore and according to DoT.

Jio and Bharti Airtel bulked up on crucial airwaves to cater to the surge in data usage and future-proof themselves ahead of 5G rollouts, while Vodafone Idea (Vi) bought spectrum needed to beef up its 4G holdings.

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Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"9.0","minfoseo":"9-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1615260391814","minfoseo":"1615260391814"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"-783081479","minfoseo":"-783081479"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"OriginalImageHeightPx":{"minfo":"900.0","minfoseo":"900-0"},"OriginalImageWidthPx":{"minfo":"1200.0","minfoseo":"1200-0"},"NumberOfCharacters":{"minfo":"1535.0","minfoseo":"1535-0"},"NumberOfWords":{"minfo":"264.0","minfoseo":"264-0"},"key":{"0":{"keyid":"6634874","value":"Vodafone Idea news","smid":"0","keynameseo":"Vodafone-Idea-news","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"974449","value":"spectrum auctions","smid":"0","keynameseo":"spectrum-auctions","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"6359803","value":"spectrum","smid":"0","keynameseo":"spectrum","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"16054","value":"DoT","smid":"0","keynameseo":"DoT","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"3770502","value":"airtel news","smid":"0","keynameseo":"airtel-news","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479212895","artauemail":"devinasengupta@gmail.com","auFullName":"Devina Sengupta","pubname":"ET","designame":"Senior Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies, consumer behaviour and the legal battles involving investors, shareholders and companies. A degree in psychology and another one in journalism helps me break down a story and cover its impact from multiple perspectives. You can reach me on devina.sengupta@timesgroup.com and on Twitter - @DevinaET","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"}},"similarlytagged":[{"msid":"96817242","stname":"Telecom Diary: SOS for Vodafone Idea","artsyn":"Amidst all this, Vodafone Idea is struggling. A fund raise is critical to its survival but it seems no one including promoters, lenders or even the government which planned to acquire an equity stake in Vodafone Idea against its accrued interest on deferred AGR (adjusted gross revenues) dues is willing to take the first step.","seolocation":"telecomnews\/telecom-diary-sos-for-vodafone-idea","seolocationalt":"Telecom Diary: SOS for Vodafone Idea","url_seo":"telecom-diary-sos-for-vodafone-idea"},{"msid":"96778584","stname":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","artsyn":"Co-promoted by the UK's Vodafone Plc and India's Aditya Birla Group (ABG), Vi needs the cash quickly as its dues to Indus have mounted to around Rs 7,500 crore. It has given a commitment to the tower company to pay 100% of its current dues from January onwards, and also clear its outstanding as of December 31, 2022, over seven months, starting this month.","seolocation":"telecomnews\/vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans","seolocationalt":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","url_seo":"vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans"},{"msid":"96766022","stname":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","artsyn":"Vaishnaw, speaking on the sidelines of a 5G launch event in Bhubaneswar on Thursday, said that Vodafone Idea needs capital infusion and not just the conversion of its dues into government equity.","seolocation":"telecomnews\/km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report","seolocationalt":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","url_seo":"km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report"},{"msid":"96723775","stname":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","artsyn":"Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around Rs 2,000-3,000 crore in the telco, which is inadequate to revive the company.","seolocation":"telecomnews\/no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash","seolocationalt":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","url_seo":"no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash"},{"msid":"96421158","stname":"Vodafone Idea says received Global SOC2 Type 1 certification for managed security services","artsyn":"The compliance has been approved by the Association of International Certified Professional Accountants (AICPA) and audited by CPA of VISTA InfoSec, Vodafone Idea said in a statement.","seolocation":"telecomnews\/vodafone-idea-says-received-global-soc2-type-1-certification-for-managed-security-services","seolocationalt":"Vodafone Idea says received Global SOC2 Type 1 certification for managed security services","url_seo":"vodafone-idea-says-received-global-soc2-type-1-certification-for-managed-security-services"},{"msid":"96159448","stname":"Fund infusion by January-February must for Vodafone Idea survival, say government officials","artsyn":"The concerns about the carrier have been made worse as government has had no indication of fresh promoter-level equity infusion into Vi, without which it is difficult to go ahead with the conversion into equity of the telco\u2019s Rs 16,130-crore accrued interest on deferred adjusted gross revenue (AGR)-related dues.","seolocation":"telecomnews\/fund-infusion-by-january-february-must-for-vodafone-idea-survival-say-government-officials","seolocationalt":"Fund infusion by January-February must for Vodafone Idea survival, say government officials","url_seo":"fund-infusion-by-january-february-must-for-vodafone-idea-survival-say-government-officials"},{"msid":"96029824","stname":"Vodafone Idea in talks with ATC on extending conv bond issue timelines","artsyn":"Vi, though, said it\u2019s in discussion with ATC for extension of the agreement and a fresh shareholders approval will be sought as required.","seolocation":"telecomnews\/vodafone-idea-in-talks-with-atc-on-extending-conv-bond-issue-timelines","seolocationalt":"Vodafone Idea in talks with ATC on extending conv bond issue timelines","url_seo":"vodafone-idea-in-talks-with-atc-on-extending-conv-bond-issue-timelines"},{"msid":"95989243","stname":"American Tower Corp says Vodafone Idea may miss paying its contractual dues","artsyn":"\u201cOur largest customer in India is Vi, which represented (around) 2% and 3% of our total revenue for the three and nine months ended September 30, 2022, respectively\u2026Vi has indicated it would make a partial payment of its contractual amounts owed to us under tenant leases for the remainder of 2022, including amounts owed for the three months ended September 30, 2022,\u201d ATC said.","seolocation":"telecomnews\/american-tower-corp-says-vodafone-idea-may-miss-paying-its-contractual-dues","seolocationalt":"American Tower Corp says Vodafone Idea may miss paying its contractual dues","url_seo":"american-tower-corp-says-vodafone-idea-may-miss-paying-its-contractual-dues"},{"msid":"95934335","stname":"ETTelecom Interviews: Vodafone Idea CTO on Open RAN, new technologies and telecom, local tech stack","artsyn":"At the third edition of the ETTelecom Digital Telco Summit - 2022, Vodafone Idea Chief Technology Officer (CTO) Jagbir Singh discusses with ETTelecom's Danish Khan about the future of Open Radio Access Network (Open RAN) in India, the telecom operator's plan for Open RAN, technologies that will underpin 5G and 5G-Advanced, and shares his opinion on the local technology stack for 4G and 5G.ETTelecom Interviews: Vodafone Idea CTO on Open RAN, new technologies and telecom, local tech stack","seolocation":"tele-bytes\/ettelecom-interviews-vodafone-idea-cto-on-open-ran-new-technologies-and-telecom-local-tech-stack","seolocationalt":"ETTelecom Interviews: Vodafone Idea CTO on Open RAN, new technologies and telecom, local tech stack","url_seo":"tele-bytes\/ettelecom-interviews-vodafone-idea-cto-on-open-ran-new-technologies-and-telecom-local-tech-stack"},{"msid":"95899185","stname":"Vodafone Idea in talks with SBI for up to Rs 16,000-crore loan","artsyn":"The fundraising via debt - talks for which are ongoing for over a month now - though, is held up as the country's largest lender seeks clarity on the government's potential shareholding in Vi, as well as the telco's business scale-up plans.","seolocation":"telecomnews\/vodafone-idea-in-talks-with-sbi-for-up-to-rs-16000-crore-loan","seolocationalt":"Vodafone Idea in talks with SBI for up to Rs 16,000-crore loan","url_seo":"vodafone-idea-in-talks-with-sbi-for-up-to-rs-16000-crore-loan"},{"msid":"95699931","stname":"Vodafone Idea to issue debentures worth Rs 1,600 crore to ATC Telecom","artsyn":"VIL is raising the amount through equity convertible debt bonds that carry a coupon rate of 11.2 per cent per annum payable every six months during its term.","seolocation":"telecomnews\/vodafone-idea-to-issue-debentures-worth-rs-1600-crore-to-atc-telecom","seolocationalt":"Vodafone Idea to issue debentures worth Rs 1,600 crore to ATC Telecom","url_seo":"vodafone-idea-to-issue-debentures-worth-rs-1600-crore-to-atc-telecom"},{"msid":"95457738","stname":"Vodafone Idea ropes in key Airtel executive Divya Sethi leading OneWeb for AMEA","artsyn":"He has worked with Airtel for close to 16 years in various capacities such as Senior Vice President and Business Head- SMB & B2B Mobility, Vice President and Head of Marketing, Digitization and Cyber Security, and as the Vice President and Circle Business Head for NCR, among other roles.","seolocation":"telecomnews\/vodafone-idea-ropes-in-key-airtel-executive-divya-sethi-leading-oneweb-for-amea","seolocationalt":"Vodafone Idea ropes in key Airtel executive Divya Sethi leading OneWeb for AMEA","url_seo":"vodafone-idea-ropes-in-key-airtel-executive-divya-sethi-leading-oneweb-for-amea"},{"msid":"95389456","stname":"Vodafone Idea clearing dues to banks first to avoid a visit to bankruptcy court: Experts","artsyn":"Over the past year, Vi\u2019s dues to banks and other lenders had fallen by more than a third \u2014 from Rs 23,400 crore in the April-June, or first, quarter of last fiscal year to Rs 15,080 crore in the just ended September quarter of FY23. But its trade payables, reflecting dues to vendors such as tower firms and suppliers including network providers, increased 10% to almost Rs 15,030 crore from Rs 13,658.6 crore in the first quarter of FY22.","seolocation":"telecomnews\/vodafone-idea-clearing-dues-to-banks-first-to-avoid-a-visit-to-bankruptcy-court-experts","seolocationalt":"Vodafone Idea clearing dues to banks first to avoid a visit to bankruptcy court: Experts","url_seo":"vodafone-idea-clearing-dues-to-banks-first-to-avoid-a-visit-to-bankruptcy-court-experts"},{"msid":"95311421","stname":"No response on equity conversion from Centre: Vodafone Idea","artsyn":"\u201cWe have had no communication from the Department of Telecommunications (DoT) since April when there was an agreement on the amount to be converted\u2026,\u201d Vodafone Idea CEO Akshaya Moondra said on Friday.","seolocation":"telecomnews\/no-response-on-equity-conversion-from-centre-vodafone-idea","seolocationalt":"No response on equity conversion from Centre: Vodafone Idea","url_seo":"no-response-on-equity-conversion-from-centre-vodafone-idea"},{"msid":"95306326","stname":"Vodafone Idea ropes in Airtel executives as Cluster Marketing Head for MPCG, Uttar Pradesh","artsyn":"In recent months, the cash-strapped telco has been snapping up executives from rival telcos. In August, Vodafone Idea appointed Airtel\u2019s Sunayana Thakur as the Vice President of Demand & Solution Management, Technology, and long-time Reliance Jio executive Pravir Kumar as Operations Director (Central).","seolocation":"telecomnews\/vodafone-idea-ropes-in-airtel-executives-as-cluster-marketing-head-for-mpcg-uttar-pradesh","seolocationalt":"Vodafone Idea ropes in Airtel executives as Cluster Marketing Head for MPCG, Uttar Pradesh","url_seo":"vodafone-idea-ropes-in-airtel-executives-as-cluster-marketing-head-for-mpcg-uttar-pradesh"},{"msid":"95281944","stname":"Vodafone Idea's Q2 net loss widens to Rs 7,592.5 crore amid higher finance costs, heavy customer losses","artsyn":"But the telco lost 6 million subscribers\u2014versus 3.4 million in Q1\u2014in the just ended quarter to 234.4 million, ceding more ground to rivals Reliance Jio and Bharti Airtel, both of whom added users. Vodafone Idea though added 1.5 million 4G users to end with 120.6 million, which pushed up average data usage to 15 GB from 14.8 GB in the previous quarter.","seolocation":"telecomnews\/vodafone-ideas-q2-net-loss-widens-to-rs-7592-5-crore-amid-higher-finance-costs-heavy-customer-losses","seolocationalt":"Vodafone Idea's Q2 net loss widens to Rs 7,592.5 crore amid higher finance costs, heavy customer losses","url_seo":"vodafone-ideas-q2-net-loss-widens-to-rs-7592-5-crore-amid-higher-finance-costs-heavy-customer-losses"},{"msid":"95033912","stname":"Telecom Diary: A year after relief package, Vodafone Idea still not out of woods","artsyn":"With no fundraising in sight, the network expansion for 4G and new deals for 5G for Vodafone Idea are in limbo. While the other two telecom players Reliance Jio and Bharti Airtel have been hustling to launch 5G and taking it to every Indian city. Airtel has already launched 5G services in eight cities while Jio has started 5G beta trials in four cities. Both Jio and Airtel plan to provide pan-India 5G coverage in the next 18-24 months.","seolocation":"telecomnews\/telecom-diary-a-year-after-relief-package-vodafone-idea-still-not-out-of-woods","seolocationalt":"Telecom Diary: A year after relief package, Vodafone Idea still not out of woods","url_seo":"telecom-diary-a-year-after-relief-package-vodafone-idea-still-not-out-of-woods"},{"msid":"95017274","stname":"Vodafone Idea to raise Rs 1,600 crore via issue of convertible bonds to ATC, to repay tower firm's dues","artsyn":"The cash-strapped telco will issue debentures \u201chaving a face value of Rs 10,00,000 each, in one or more tranches, aggregating up to Rs 1,600 crore, convertible into equity shares at a conversion price of Rs 10 per equity share,\u201d Vodafone Idea (Vi) said in a notice to the stock exchanges late Friday.","seolocation":"telecomnews\/vodafone-idea-to-raise-rs-1600-crore-via-issue-of-convertible-bonds-to-atc-to-repay-tower-firms-dues","seolocationalt":"Vodafone Idea to raise Rs 1,600 crore via issue of convertible bonds to ATC, to repay tower firm's dues","url_seo":"vodafone-idea-to-raise-rs-1600-crore-via-issue-of-convertible-bonds-to-atc-to-repay-tower-firms-dues"},{"msid":"94985803","stname":"India's SEBI clears govt proposal to turn Vodafone Idea dues into equity: Sources","artsyn":"Last year, India had approved a rescue package for debt-strapped telecom companies that allowed them to convert interest on deferred adjusted gross revenue owed to the government into equity.","seolocation":"telecomnews\/indias-sebi-clears-govt-proposal-to-turn-vodafone-idea-dues-into-equity-sources","seolocationalt":"India's SEBI clears govt proposal to turn Vodafone Idea dues into equity: Sources","url_seo":"indias-sebi-clears-govt-proposal-to-turn-vodafone-idea-dues-into-equity-sources"},{"msid":"94956208","stname":"Vodafone Idea board meet on Oct 21 to consider fundraise via convertible bond issue to vendor","artsyn":"\u201cA meeting of the board of directors of the company is scheduled on October 21, inter-alia, to consider and evaluate a proposal for issuance of debenture securities convertible into equity shares on a preferential \/ private placement basis to a vendor, subject to regulatory and other statutory approvals as may be required, including approval of the shareholders of the company,\u201d Vi said in an exchange filing.","seolocation":"telecomnews\/vodafone-idea-board-meet-on-oct-21-to-consider-fundraise-via-convertible-bond-issue-to-vendor","seolocationalt":"Vodafone Idea board meet on Oct 21 to consider fundraise via convertible bond issue to vendor","url_seo":"vodafone-idea-board-meet-on-oct-21-to-consider-fundraise-via-convertible-bond-issue-to-vendor"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"6634874","value":"Vodafone Idea news","smid":"0","keynameseo":"Vodafone-Idea-news","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"974449","value":"spectrum auctions","smid":"0","keynameseo":"spectrum-auctions","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6359803","value":"spectrum","smid":"0","keynameseo":"spectrum","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"28351","value":"policy","smid":"0","keynameseo":"policy","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"16054","value":"DoT","smid":"0","keynameseo":"DoT","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"3770502","value":"airtel news","smid":"0","keynameseo":"airtel-news","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Vodafone Idea news"},{"name":"spectrum auctions"},{"name":"airtel news"},{"name":"spectrum"},{"name":"policy"},{"name":"DoT"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Vodafone Idea news","spectrum auctions","spectrum","policy","DoT","airtel news"],"filterTags":[]},"breadcrumbTags":["Vodafone Idea news","spectrum auctions","spectrum","policy","DoT","airtel news"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/dot-demands-rs21919-crore-as-upfront-payment-from-telcos\/81397902"}" data-news-images="[{"msid":"81397896","msname":"Mobile phone services could face disruptions as key infra clearances stuck","msnameseo":"mobile-phone-services-could-face-disruptions-as-key-infra-clearances-stuck","mediatype":"1","artdate":"2021-03-08 13:38:00.0","caption":" Matters have come to a head amid India's growing 4G user base."}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">

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