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返回的电信公司是银行担保,政府可能告诉SC
沃达丰的想法和Bharti Airtel点之间有一些Rs35,000卢比在英国地质调查局,保证约13000卢比的悬案相关事宜,按行业估计。
电信部门(点)可能很快告诉最高法院,政府将返回银行担保(BG)电信公司甚至对问题目前尚未决定。
这些将会返回除了英国地质调查局的电信公司提供覆盖了频谱支付,已被推迟了四年下救援计划,政府官员说。他们补充说,政府将保护其延期费,要求公司提供英国地质调查局有关前一年会费支付。
到目前为止的故事
Vi是最大受益者
之间的沃达丰的想法和Bharti Airtel,点保存一些Rs35,000卢比在英国地质调查局,保证约13000卢比的悬案相关事宜,按行业估计。一次性频谱电荷(OTSC)会费情况下英国地质调查局的一个引人注目的例子是提供目前正在诉讼的问题。
政府作为电信宣布救援计划的一部分,允许电信公司推迟9月光谱以及调整后的总收益(AGR)费四年,连本带息偿还。它也将BG需求等法定费被许可方费用80%,同时补充道,金融工具不再需要安全的分期付款的支付即将拍卖。
机制,点采用通知法院尚不清楚,但律师说它应该是在形式的证词。
“…点是最佳人选和交流这一评估到顶点法院,也可以采取书面的形式的先例在其他情况下,“Vikrant Kumar说,律师事务所合伙人Saraf & Partners。
此举的最大受益者将是沃达丰的想法,公司拥有约10000卢比锁在银行担保问题目前尚未决定。同样是关于Rs3,000卢比的Bharti Airtel。
沃达丰想法的董事总经理Ravinder Takkar最近表示,该公司大约有23000 - 25000卢比的英国地质调查局坐着政府在任何给定的时间点上。
返回英国地质调查局将增加银行的资本池,允许现金拮据的电信喜欢沃达丰想法获得更多的贷款,以投资于其4 g网络更好的与强大竞争对手的依赖JioBharti Airtel和阻止其用户的损失。
“这是一个非常合适的移动的点,这都将释放电信现有的(基于non-fund)融资的限制,并允许更大的分配操作也给银行评估基金)融资的空间限制,“Saraf & Partners的Kumar说。
官员说,点开始返回英国地质调查局的过程价值14000卢比沃达丰理念和8000卢比Bharti Airtel,沃达丰英国地质调查局的命运价值10000卢比的想法是挂在平衡,因为它是关于会费目前正在争夺在法庭上。
另一个官员说,点寻求法律意见是什么合适的过程应遵循英国地质调查局的回归,尤其是那些有关问题目前在法庭上。
因为电信的救援计划的目的是为了提高部门的流动性,给电信公司资金来扩大和投资业务,视图是,即使那些属于目前应该返回悬案,第一个官员解释说。
Takkar最近告诉分析师,点正在返回英国。
“…我们已经给英国地质调查局这么长时间这么多光谱所以这是一个巨大的任务协调并适当地记录。确信这个过程很快就会开始,”他补充道。
这些将会返回除了英国地质调查局的电信公司提供覆盖了频谱支付,已被推迟了四年下救援计划,政府官员说。他们补充说,政府将保护其延期费,要求公司提供英国地质调查局有关前一年会费支付。
到目前为止的故事
- 在Vi &附近的旅馆,点一些英国地质调查局Rs 35 k cr
- Airtel Rs3,000 cr和Vi的Rs 10000 cr的英国地质调查局会费悬案
- 点可能需要文件证词SC关于返回英国地质调查局的悬案
- 大部分英国地质调查局掩盖OTSC费,各法院
- 英国地质调查局的回归会增加资本的银行,允许电信公司像Vi来访问更多的贷款
Vi是最大受益者
之间的沃达丰的想法和Bharti Airtel,点保存一些Rs35,000卢比在英国地质调查局,保证约13000卢比的悬案相关事宜,按行业估计。一次性频谱电荷(OTSC)会费情况下英国地质调查局的一个引人注目的例子是提供目前正在诉讼的问题。
机制,点采用通知法院尚不清楚,但律师说它应该是在形式的证词。
“…点是最佳人选和交流这一评估到顶点法院,也可以采取书面的形式的先例在其他情况下,“Vikrant Kumar说,律师事务所合伙人Saraf & Partners。
此举的最大受益者将是沃达丰的想法,公司拥有约10000卢比锁在银行担保问题目前尚未决定。同样是关于Rs3,000卢比的Bharti Airtel。
沃达丰想法的董事总经理Ravinder Takkar最近表示,该公司大约有23000 - 25000卢比的英国地质调查局坐着政府在任何给定的时间点上。
返回英国地质调查局将增加银行的资本池,允许现金拮据的电信喜欢沃达丰想法获得更多的贷款,以投资于其4 g网络更好的与强大竞争对手的依赖JioBharti Airtel和阻止其用户的损失。
内阁审查政府的一次性频谱指控认罪
在之前的听证会之前提交的书面陈述中10月5日,美国电信(点)表示,政府“审查和/或重新认识的渴望”其上诉程序和寻求更多的时间来巩固它的视图。
官员说,点开始返回英国地质调查局的过程价值14000卢比沃达丰理念和8000卢比Bharti Airtel,沃达丰英国地质调查局的命运价值10000卢比的想法是挂在平衡,因为它是关于会费目前正在争夺在法庭上。
另一个官员说,点寻求法律意见是什么合适的过程应遵循英国地质调查局的回归,尤其是那些有关问题目前在法庭上。
因为电信的救援计划的目的是为了提高部门的流动性,给电信公司资金来扩大和投资业务,视图是,即使那些属于目前应该返回悬案,第一个官员解释说。
Takkar最近告诉分析师,点正在返回英国。
“…我们已经给英国地质调查局这么长时间这么多光谱所以这是一个巨大的任务协调并适当地记录。确信这个过程很快就会开始,”他补充道。
The Department of Telecommunications (DoT<\/a>) is likely to tell the Supreme Court soon that the government will return bank guarantees<\/a> (BG) of telcos even for matters which are currently sub judice.
These would be returned in addition to BGs which the telcos had furnished to cover for spectrum payments, which have been deferred for four years under the relief package, government officials said. They added that the government will protect its deferment dues by asking the companies to furnish the BGs a year before the concerned dues are up for payment.
The story so far<\/strong>
These would be returned in addition to BGs which the telcos had furnished to cover for spectrum payments, which have been deferred for four years under the relief package, government officials said. They added that the government will protect its deferment dues by asking the companies to furnish the BGs a year before the concerned dues are up for payment.
The story so far<\/strong>
- Between Vi & Airtel<\/a>, DoT holds some Rs 35K cr in BGs <\/li>
- Airtel\u2019s Rs3,000 cr and Vi\u2019s Rs 10,000 cr worth of BGs are for dues which was sub judice <\/li>
- DoT may have to file affidavit in SC regarding return of BGs of sub judice matters <\/li>
- Large portion of BGs are to cover for OTSC dues, which are in various courts <\/li>
- Return of BGs will increase capital pool of banks, allowing telcos like Vi to access more loans<\/li><\/ol>
![\"Bank](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
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Vi to be biggest beneficiary
<\/strong>
Between Vodafone Idea<\/a> and Bharti Airtel, the DoT holds some Rs35,000 crore in BGs, out of which guarantees of around Rs 13,000 crore are related to sub judice matters, as per industry estimates. The one-time spectrum charge (OTSC) dues case is a high-profile example of BGs being furnished for matters that are currently under litigation.<\/div><\/div>The government as part of the telecom relief package announced in September had allowed telcos to defer spectrum as well as adjusted gross revenue (AGR) dues by four years, to be repaid with interest. It had also cut BG requirements against statutory dues such as licensee fees by 80%, while adding that the financial instrument won't be required anymore to secure instalments of payments in upcoming auctions.
The mechanism that DoT adopts to inform the court is unclear as yet, but lawyers say it should be in the form of an affidavit.
\"...the DoT is best placed to make and communicate this assessment to the apex court, which can take the form of an affidavit as has been the precedent in some other cases,\" said Vikrant Kumar, partner at law firm Saraf & Partners.
The biggest beneficiary of the move would be Vodafone Idea as the company has about Rs 10,000 crore locked away in bank guarantees in matters which are currently sub-judice. The same is about Rs3,000 crore for Bharti Airtel.
Vodafone Idea's managing director Ravinder Takkar had recently said that the company had approximately Rs 23,000-25,000 crore of BGs sitting with the government at any given point in time.
Return of BGs will add to the banks' capital pool, allowing a cash-strapped telco like Vodafone Idea access to more loans as it seeks to invest in its 4G network to better compete with stronger rivals Reliance Jio<\/a> and Bharti Airtel and stem its subscriber losses.<\/div><\/div>\"This is an extremely opportune move by the DoT, this will both free up telco's existing (non-fund based) financing limits and allow greater allocation to operations as also give room for lenders to re-evaluate fund-based financing limits,\" said Kumar of Saraf & Partners.