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Top telecom providers in India, such as Reliance Jio, Vodafone Idea, and Bharti Airtel, have pleaded with the government for lower taxes, arguing that the industry needs greater financial relief and support to be sustainable

Telecom sector dials Centre to reduce fees for the viability of 5G

Top telecom providers in India, such as Reliance Jio, Vodafone Idea, and Bharti Airtel, have pleaded with the government for lower taxes, arguing that the industry needs greater financial relief and support to be sustainable

Reliance Jio, Bharti Airtel, and Vodafone Idea, three of India's top telcos, have urged the government to cut levies, arguing that while they are spending big bucks to roll out 5G as quickly as anyone has ever seen it, they have no clear idea of the additional revenue that will come from these services.
The leading telecoms are requesting that the licence charge be reduced from 3% to 1% and that the 5% USO (universal service obligation) levy be postponed until the fund's remaining &nbsp;₹53 crores is depleted through the industry association Cellular Operators Association of India (COAI).
ICRA predicts that the telecom sector will have ended FY2023 with debt of over ₹6.3 lakh crore. Reliance Jio and Bharti Airtel have respectively covered over 400 and 500 cities and towns as they quickly roll out 5G services. Jio spent the most during the 5G spectrum auction last year, spending ₹88,078 crores on airwaves, compared to Airtel's ₹43,084 crores. Vodafone Idea has not yet disclosed its 5G rollout plans despite purchasing 5G airwaves for ₹18,799 crore.

The telecom&nbsp;department&nbsp;may announce a relief package for the debt-ridden&nbsp;telecom&nbsp;sector by the end of this month, reports quoting government officials said.
This has come after Vodafone's&nbsp;promoter Kumar&nbsp;Birla's&nbsp;letter requesting&nbsp;government support came into the news. However, the report published in Economic Times mentioned that the government may not respond to the letter.
ALSO WATCH:&nbsp;Birla ready to hang up on Vodafone, Will the Govt pick up the call?
&ldquo;The telecom department is firming up a relief package to allow surrender of spectrum, reduce bank guarantees, phase out levies and prospectively define AGR to provide relief to the sector as well as Vodafone Idea,&rdquo; the report, quoting a government official, said.

Govt dials in for a reform package as Vodafone threatens to hang up

The telecom&nbsp;department&nbsp;may announce a relief package for the debt-ridden&nbsp;telecom&nbsp;sector by the end of this month, reports quoting government officials said.

The telecom department is firming up a relief package to allow surrender of spectrum, reduce bank guarantees, phase out levies and prospectively define AGR

The telecom&nbsp;department&nbsp;may announce a relief package for the debt-ridden&nbsp;telecom&nbsp;sector by the end of this month, reports quoting government officials said.
This has come after Vodafone's&nbsp;promoter Kumar&nbsp;Birla's&nbsp;letter requesting&nbsp;government support came into the news. However, the report published in Economic Times mentioned that the government may not respond to the letter.
ALSO WATCH:&nbsp;<a href="https://www.edtr.ai/a1vx" target="_blank">Birla ready to hang up on Vodafone, Will the Govt pick up the call?</a>
&ldquo;The telecom department is firming up a relief package to allow surrender of spectrum, reduce bank guarantees, phase out levies and prospectively define AGR to provide relief to the sector as well as Vodafone Idea,&rdquo; the report, quoting a government official, said.

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