Kolkata: Reliance Jio<\/a>, Bharti Airtel<\/a> and Vodafone Idea<\/a> (Vi) have asked the sector regulator to abolish bank guarantees<\/a> (BGs) of all shades to free up more working capital for the upcoming expansion of mobile broadband networks.

In their submissions to the
Telecom Regulatory Authority of India<\/a> (Trai<\/a>) on a paper around rationalisation of BGs and service entry fees, the telcos have said BGs not only impose costs on operators but end up as a coercive tool that the Controllers of Communication Accounts (CCAs) in government use to settle apparent breach of contract conditions.

Carriers also don’t see a case for merging performance and financial BGs, calling them an inefficient and costly mode of securitising government dues.

Separately, India’s top telcos, have also urged
Trai<\/a> not to cut telecom entry fees to discourage non-serious players and ensure healthy competition.

In its discussion paper, issued late July, Trai had sought views on whether BGs should exist, if performance and financial guarantees needed to be merged for all telecom permits and whether entry fees for telecom licences needed to be cut further.

“BGs in various licences\/authorisations should be discontinued as these don’t serve any purpose in securing government revenues,”
Reliance<\/a> Jio said in its submission to the regulator.

It added that BGs end up imposing costs on telcos and CCAs use them to settle demands without even giving an opportunity to the telecom service providers to dispute them, making these a coercive governance tool instead of being financial assurances.

Airtel<\/a> said BGs should be eliminated as they result in blocking off huge funds towards securitisation of government dues that is more towards compliances, creating additional burden on operators and limiting the expansion and growth of mobile networks and services.

“The Cabinet reforms of last year (read: September 2021) have already recognised this and reduced the BGs requirement, which allowed TSPs to prepone the future liability of deferred payments, and some even prepaid their deferred spectrum liability,”
Airtel<\/a> said in its submission to Trai.

Under the telecom reforms announced last September, the government cut the BGs requirement by 80% against statutory dues such as licence fees. It also scrapped the need for BGs to secure spectrum payments in future auctions.
<\/p>

Read also<\/h4>
<\/a><\/figure>
Govt submits AGR affidavit in SC; says refunded BGs to Vodafone Idea, Airtel<\/a><\/h5><\/div>
<\/a><\/figure>
Trai extends submission deadline for rationalisation of telecom entry fee, bank guarantee paper<\/a><\/h5><\/div><\/div><\/div>
At present, BGs are submitted to the Department of Telecommunications (DoT) and in case statutory dues like licence fees and spectrum usage charges (SUCs) are not paid on time, the government has the option of invoking them.

Jio, in its submission, also said there is no need to maintain a merged BG as it’s not required to secure government revenues or performance of service providers.

Both Jio and Vi , though, said that if Trai suggests that BGs would have to be maintained, regardless of telcos’ submissions, then the FBG and PBG may be merged as these are permanent in nature.

Cash-strapped Vi, though, said that while the performance and financial BGs may be merged into a consolidated single BG, the quantum should be reduced by 50% for both the PBG and FBG elements as a merged BG would increase the exposure risk for telcos.

All telcos have also told Trai not to rationalise the present level of entry fees, saying they are already low and pose no entry barriers to serious players.

“Irrespective of the nature of licence, the entry fee should not be reduced, (especially) to ensure healthy competition and level playing field prevails in the
industry<\/a>, which would enable the sector to attract investments and encourage only serious players,” Airtel<\/a> said in its submission.
<\/body>","next_sibling":[{"msid":94204768,"title":"Telecom operators need to improve quality of service: Ashwini Vaishnaw","entity_type":"ARTICLE","link":"\/news\/quality-of-services-in-mobile-networks-should-improve-significantly-ashwini-vaishnaw\/94204768","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"94140076","title":"DoT set to unveil draft bill with new tech focus","entity_type":"ARTICLE","seopath":"industry\/telecom\/telecom-policy\/dot-set-to-unveil-draft-bill-with-new-tech-focus","category_name":"Telecom Policy","synopsis":"Communications minister Ashwini Vaishnaw recently said the draft telecom bill was nearly ready and would be put up for public consultation soon. The telecom bill, which has been in the works for many months, also talks of issues around quality of service, right of way and penalty structures, among others.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-56222\/94140076.cms?width=150&height=112","link":"\/news\/industry\/telecom\/telecom-policy\/dot-set-to-unveil-draft-bill-with-new-tech-focus\/94140076"},{"msid":"94061464","title":"Finance ministry okays Vi dues conversion to govt equity","entity_type":"ARTICLE","seopath":"news\/india\/finance-ministry-okays-vi-dues-conversion-to-govt-equity","category_name":"India","synopsis":"At June end, Vi's net debt was over Rs 1.98 lakh-crore, with its deferred spectrum payment dues at over Rs 1.16 lakh-crore and debt from banks and financial institutions at Rs 15,200 crore. Its cash and cash equivalents were at Rs 860 crore.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-38594\/94061464.cms?width=150&height=112","link":"\/news\/india\/finance-ministry-okays-vi-dues-conversion-to-govt-equity\/94061464"},{"msid":"94074699","title":"Telcos seek regulation of OTT services, cut in licence fee & USO levy","entity_type":"ARTICLE","seopath":"industry\/telecom\/telecom-news\/regulate-communication-apps-sharply-cut-levies-telcos-to-dot-on-new-law","category_name":"Telecom News","synopsis":"Most industry associations, including the Cellular Operators\u2019 Association of India (COAI), Assocham, and Internet and Mobile Association of India (IAMAI), have sought abolition of the universal service obligation (USO) levy, which currently stands at 5% of the Adjusted Gross Revenue (AGR) of telcos.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-52706\/94074699.cms?width=150&height=112","link":"\/news\/industry\/telecom\/telecom-news\/regulate-communication-apps-sharply-cut-levies-telcos-to-dot-on-new-law\/94074699"},{"msid":"94208071","title":"Airtel has revised its base Prepaid plan: Find out how the new plan compares to that of Reliance Jio and Vodafone-Idea","entity_type":"IMAGES","seopath":"industry\/telecom\/scrap-bank-guarantees-bgs-to-free-up-more-working-capital-telcos-to-trai\/airtel-has-revised-its-base-prepaid-plan-find-out-how-the-new-plan-compares-to-that-of-reliance-jio-and-vodafone-idea","category_name":"Scrap bank guarantees to free up more working capital, telcos tell Trai","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-13754\/94208071.cms?width=150&height=112","link":"\/image\/industry\/telecom\/scrap-bank-guarantees-bgs-to-free-up-more-working-capital-telcos-to-trai\/airtel-has-revised-its-base-prepaid-plan-find-out-how-the-new-plan-compares-to-that-of-reliance-jio-and-vodafone-idea\/94208071"}],"msid":94211044,"entity_type":"ARTICLE","title":"Scrap bank guarantees to free up more working capital: Telcos to Trai","synopsis":"\u200b\"BGs in various licences\/authorisations should be discontinued as these don't serve any purpose in securing government revenues,\" Reliance Jio said in its submission to the regulator.","titleseo":"telecomnews\/scrap-bank-guarantees-bgs-to-free-up-more-working-capital-telcos-to-trai","status":"ACTIVE","authors":[{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"analytics":{"comments":0,"views":1737,"shares":0,"engagementtimems":3715000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2022-09-15 07:17:32","lastupd":"2022-09-15 08:24:58","breadcrumbTags":["reliance jio","BHarti Airtel","telecom regulatory authority of india","airtel","vodafone idea","telecom companies","TRAI","telecom news","bank guarantees","bharti airtel","vodafone idea","reliance","airtel","Industry"],"secinfo":{"seolocation":"telecomnews\/scrap-bank-guarantees-bgs-to-free-up-more-working-capital-telcos-to-trai"}}" data-authors="[" kalyan parbat"]" data-category-name="" data-category_id="" data-date="2022-09-15" data-index="article_1">

取消银行担保释放更多的营运资本:电信公司火车

“英国地质调查局在各种执照/授权应该停止这些不为任何目的在确保政府收入,“依赖Jio在其提交监管机构表示。

Kalyan尔巴特
  • 更新2022年9月15日08:24点坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士

加尔各答:依赖Jio,Bharti Airtel沃达丰的想法(Vi)已经要求该行业监管机构废除银行担保(英国)的所有色调释放更多的营运资本为即将到来的移动宽带网络的扩张。

在他们提交的印度电信管理部门(火车)上的一篇论文在合理化的英国地质调查局和服务报名费,电信公司表示,英国地质调查局不仅成本强加给运营商,但最终成为一个强制性的工具,通信账户的控制器(cca)政府用来解决明显违反合同条件。

运营商也看不出一个理由合并性能和金融英国地质调查局称他们低效的政府税和昂贵的证券化模式。

广告
另外,印度最大的电信公司,也敦促火车不削减电信报名费抑制较轻的球员和确保健康的竞争。

讨论文件,7月下旬发布火车寻求意见英国地质调查局是否应该存在,如果性能和金融担保需要合并所有电信许可和报名费是否电信牌照需要进一步削减。

“英国地质调查局在各种执照/授权应该停止这些不为任何目的在确保政府收入,”依赖Jio在其提交监管机构表示。

它补充说,英国地质调查局最终将成本强加给电信公司和cca使用它们来解决需求不给电信服务提供商争端的机会,使这些强制性治理工具,而不是财务保证。

附近的旅馆英国地质调查局说应该取消,因为他们导致堵住政府巨额资金向证券化费更遵从性,创建额外的负担运营商和限制移动网络的扩张和增长和服务。

去年“内阁改革(阅读:2021年9月)已经承认这和减少英国地质调查局的要求,允许茶匙prepone未来责任的延期付款,甚至一些预付他们延迟谱责任,”附近的旅馆在其提交火车表示。

根据去年9月公布的电信改革,政府削减80%的英国地质调查局要求对法定授权费等费用。也取消了英国地质调查局需要安全的频谱在未来支付拍卖。

读也


目前,英国地质调查局提交到电信部(点),以防法定会费许可费和频谱使用费用(往下)不按时支付,政府的选择调用它们。

广告
Jio,提交,还说不需要维护一个合并BG的不需要获得政府的收入或服务提供者的性能。

Jio和Vi,尽管说,如果火车表明英国地质调查局必须维护,不论电信公司的提交,那么FBG和PBG可以合并这些本质上是永久的。

现金拮据的Vi,表示,尽管金融英国地质调查局的性能和可能会合并成一个统一的单一BG,量子应该降低50%空气层和光纤光栅元素作为合并BG将增加电信公司的风险。

所有电信公司也告诉火车不要合理化目前水平的报名费,说他们已经很低,造成严重的球员没有进入壁垒。

“不管牌照的本质,报名费不应该减少,(特别是),以确保健康的竞争和公平竞争盛行行业,这将使该行业吸引投资和鼓励只有严重的球员,”附近的旅馆在其提交表示。
  • 发布于2022年9月15日上午07:17坚持

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Kolkata: Reliance Jio<\/a>, Bharti Airtel<\/a> and Vodafone Idea<\/a> (Vi) have asked the sector regulator to abolish bank guarantees<\/a> (BGs) of all shades to free up more working capital for the upcoming expansion of mobile broadband networks.

In their submissions to the
Telecom Regulatory Authority of India<\/a> (Trai<\/a>) on a paper around rationalisation of BGs and service entry fees, the telcos have said BGs not only impose costs on operators but end up as a coercive tool that the Controllers of Communication Accounts (CCAs) in government use to settle apparent breach of contract conditions.

Carriers also don’t see a case for merging performance and financial BGs, calling them an inefficient and costly mode of securitising government dues.

Separately, India’s top telcos, have also urged
Trai<\/a> not to cut telecom entry fees to discourage non-serious players and ensure healthy competition.

In its discussion paper, issued late July, Trai had sought views on whether BGs should exist, if performance and financial guarantees needed to be merged for all telecom permits and whether entry fees for telecom licences needed to be cut further.

“BGs in various licences\/authorisations should be discontinued as these don’t serve any purpose in securing government revenues,”
Reliance<\/a> Jio said in its submission to the regulator.

It added that BGs end up imposing costs on telcos and CCAs use them to settle demands without even giving an opportunity to the telecom service providers to dispute them, making these a coercive governance tool instead of being financial assurances.

Airtel<\/a> said BGs should be eliminated as they result in blocking off huge funds towards securitisation of government dues that is more towards compliances, creating additional burden on operators and limiting the expansion and growth of mobile networks and services.

“The Cabinet reforms of last year (read: September 2021) have already recognised this and reduced the BGs requirement, which allowed TSPs to prepone the future liability of deferred payments, and some even prepaid their deferred spectrum liability,”
Airtel<\/a> said in its submission to Trai.

Under the telecom reforms announced last September, the government cut the BGs requirement by 80% against statutory dues such as licence fees. It also scrapped the need for BGs to secure spectrum payments in future auctions.
<\/p>

Read also<\/h4>
<\/a><\/figure>
Govt submits AGR affidavit in SC; says refunded BGs to Vodafone Idea, Airtel<\/a><\/h5><\/div>
<\/a><\/figure>
Trai extends submission deadline for rationalisation of telecom entry fee, bank guarantee paper<\/a><\/h5><\/div><\/div><\/div>
At present, BGs are submitted to the Department of Telecommunications (DoT) and in case statutory dues like licence fees and spectrum usage charges (SUCs) are not paid on time, the government has the option of invoking them.

Jio, in its submission, also said there is no need to maintain a merged BG as it’s not required to secure government revenues or performance of service providers.

Both Jio and Vi , though, said that if Trai suggests that BGs would have to be maintained, regardless of telcos’ submissions, then the FBG and PBG may be merged as these are permanent in nature.

Cash-strapped Vi, though, said that while the performance and financial BGs may be merged into a consolidated single BG, the quantum should be reduced by 50% for both the PBG and FBG elements as a merged BG would increase the exposure risk for telcos.

All telcos have also told Trai not to rationalise the present level of entry fees, saying they are already low and pose no entry barriers to serious players.

“Irrespective of the nature of licence, the entry fee should not be reduced, (especially) to ensure healthy competition and level playing field prevails in the
industry<\/a>, which would enable the sector to attract investments and encourage only serious players,” Airtel<\/a> said in its submission.
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