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Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone Idea

The Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea. This decision brings relief of approximately Rs 20,000 crore to both companies. Bank guarantees s

CJPN24 AI Desk••2 min read
Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone Idea
Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone Idea
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Synopsis
The Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea.

This decision brings relief of approximately Rs 20,000 crore to both companies.

Bank guarantees submitted by the firms will be returned.

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Source: The Economic Times

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