Government Disbands CoS The government official remarked on this, “They (telcos) have been given a two-year moratorium (from spectrum payment), they’ve got relief of Rs 42,000 crore.” As per the government official, the telecom operators should not expect anything more from the government in terms of relief. On posing a question about whether or not the CoS has been disbanded, the government official replied in affirmative. The government official in question also said that another inter-ministerial panel could not be appointed to discuss the relief measures for the Rs 1.47 lakh crore AGR dues for the telcos as it is a Supreme Court defined matter. Not only telecom operators, but the government official ruled any chance of relief for the non-telecom companies as well which include names likes Power Grid, Gail and RailTel. No Lowering of License Fees for Telcos Previously, it was expected that as per as the part of relief which the telecom operators would receive, the government would also lower the license fees which is currently set at 8%. It was popular opinion that the 8% license fees would be brought down to 5% by the government. However, with the panel disbanded and with the government in no mood to provide any kind of relief, it is tough for the telecom operators for the next few months. These telecom companies need to pay the AGR dues in the next three months. Vodafone Idea and Bharti Airtel together have dues which amount to Rs 89,000 crore or more and these telecom companies have filed review petition on the AGR order from the Supreme Court order to seeking a review of penalties and interest on the dues, and questioning some components of the non-core items that the court said should be included while computing AGR of telcos. If the telecom companies are asked to pay the dues like this in the next three months, this will pose a threat to their situation of continuing as going concern. COAI Still Banking on Hopes for Relief While this news has come from the government, COAI is still hopeful in the regards to relief for the telcos. “We hope these issues will continue to be looked at and decided upon by DoT through existing channels of decision making,” said Rajan Matthews of Cellular Operators Association of India (COAI) which represents all the private telecom operators in India. According to analysts as well, the telecom companies need more relief.
