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政府考虑的方式让电信公司支付AGR费超过20年
任何政府为了放松AGR任期付款需要考虑到最高法院的裁决,要求电信公司缴纳会费在10年,至2031年3月31日。这是尽管内阁有推荐的20年的时间内支付这些费用。
新德里|孟买:政府正在探索的方法允许电信公司等沃达丰的想法和Bharti Airtel支付调整后总收入(AGR)会费20多年,并寻求法律意见可能的机制,政府官员说。另外,流程敲定一项救援计划部门正在加快步伐。
任何政府为了放松AGR任期付款需要考虑到最高法院的裁决,要求电信公司缴纳会费在10年,至2031年3月31日。这是尽管内阁有推荐的20年的时间内支付这些费用。
“20年AGR的内阁早些时候批准付款任期但最高法院给了电信公司10年,”一位官员表示。“现在,通常政府不推翻最高法院的决定,但在这种情况下,它必须保持卫生的部门,银行,员工和整个生态系统。”
此举将法术减免Vi
“我相信政府有权力,尽管我认为它也是有用的,如果法院认为这些错误应该被删除,“Takkar所说的。“即使在最高法院申请,他们(政府)已经提出了一个内阁的注意细节的数量分期付款等等是…显然是内阁批准。”
任何举措导致AGR费的减少甚至亏损年度AGR分期付款将会缓解沃达丰的想法。电信——有920卢比现金和现金等价物在6月结束,是背负了十万的1.9卢比债务——面临58254卢比AGR费,它已经支付了7854卢比。
就目前的情况来看,它需要支付大约9000卢比作为其未来AGR分期付款,2022年3月到期。专家称承运人无法付款,除非它引发了基金,增加关税和从政府得到救济。沃达丰观点引用救济AGR会费作为关键因素在决定是否继续。
沃达丰的想法,促进了英国的沃达丰集团和印度的Aditya Birla集团,Bharti Airtel一直试图让他们通过法律手段AGR费减少。但他们的努力到目前为止都失败了。两个最近搬到一个审查请愿反对最高法院7月订单,抛弃他们的请求,寻求重新计算他们的AGR负债,引用在电信部门的计算算术错误。
另一名官员说,确保部门内部协商保留了四角structure-three私营企业+国有BSNL-have捡起的速度。在活动加剧的迹象,沃达丰(Vodafone)的高级官员的想法,包括总经理Takkar,满足电信部长上周安苏普拉卡什。
“沃达丰想法高管被要求分享的细节很快他们将如何能投资公司,一旦政府宣布救援方案,”一位高级政府官员表示。“政府想知道不仅是量子的投资公司的中期计划的细节,包括他们如何希望ARPU(每用户平均收入)和相关指标改善一旦政府救济和顺向投资流入公司,他们的商业计划5 g等等。”He added that the government wants to ensure that its efforts to maintain a three-private player telecom market don't go in vain.
然而,电信只有说,投资者将货币一旦准备好泵行业成为可行的,直接部门救援需要。
政府也一直在推动沃达丰的主意——英国的推动者沃达丰集团Aditya Birla集团(ABG)注入新股本合资企业。迄今为止,但都坚称他们不会投资新的资金为承运人。
沃达丰的想法并没有对此事作出回应。
尽管尝试在过去的11个月,沃达丰的想法未能完成其计划筹集资金25000卢比。的电信指责unviability电信业作为主要的原因无法筹集资金。它已表示,如果政府要采取措施,解决一个底价AGR支付关税和宽松,并暂停下分期付款的频谱费,它在投资者将能够绳。
而放松的AGR付款时间表被讨论,其他步骤提供救援部门包括减少许可证费用从当前8%的AGR和增加频谱的延期偿付在拍卖买另一个两年,官员说。
目前,电信公司不需要支付频谱FY21 FY22,下一个频谱只在FY23由于政府付款。他们寻求禁令对现在和未来10年支付。
“暂停可以延长两年。行业要求更多,但是政府收入。电信公司无法继续暂停,”第三个官员表示。
的电信部(点)也在讨论是否减少频谱使用电荷(往下)不仅仅是前瞻性,而且回顾。
政府预计沃达丰想法促进剂注入资本
点可能会问关于长期ABG,沃达丰(Vodafone)承诺,计划部门救济。
”有一段点自NIA相信(注意邀请应用程序),拍卖的法律文件,固定在一定水平,往下基础电信公司收购电视广播,现在法律上可能扭转这种?”一位官员说。
然而,一些官员说,救援计划的真正影响,政府必须降低甚至往下回顾,并允许投降之前买的电波。
在这个问题上“点可能寻求法律意见,”这位官员说。“目的是恢复电信业的整体盈利能力,同时保留一个3 + 1的球员市场。然而,救援计划将是有效的只有有互补措施由沃达丰的想法。没有足够的投资和公司战略思维,包可能无法保证满足所有目标,”官方的。
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<\/figure>New Delhi | Mumbai: The government is exploring ways to allow telcos such as Vodafone Idea<\/a> and Bharti Airtel<\/a> to pay their adjusted gross revenue (AGR) dues over 20 years, and may seek a legal opinion on a possible mechanism, government officials said. Separately, the process to finalise a relief package for the sector is picking up pace.
Any government bid to relax the AGR payment tenure needs to take into account the Supreme Court ruling, which mandated telcos to pay their dues over 10 years, through March 31, 2031. This was despite the cabinet having recommended a 20-year time frame to pay those dues.
\u201cThe cabinet had earlier approved of a 20-year AGR payment tenure but the Supreme Court has given telcos 10 years,\" said one of the officials. \"Now, typically the government does not overrule the decision of the Supreme Court but in this case, it has to keep the health of the sector, banks, employees and the entire ecosystem in mind.\u201d
<\/div><\/div>At a recent earnings call, Vodafone Idea MD Ravinder Takkar said the government does have the powers to give more time to pay the AGR dues<\/a>.
Move would spell relief for Vi<\/strong>
\"I believe the government has the powers, although I think it is also helpful if the court agrees that these errors should be removed,\" Takkar had said. \"Even in the Supreme Court filing, they (government) had presented a cabinet note on which the details of the number of instalments and so on were put in\u2026that was obviously approved by the cabinet.\"
Any move which leads to a reduction in AGR dues or even the annual AGR instalments will come as relief for loss-making Vodafone Idea. The telco \u2013 which had Rs 920 crore in cash and cash equivalents at June end and is burdened with Rs 1.9 lakh crore of debt \u2013 faces Rs 58,254 crore in AGR dues, of which it has paid Rs 7,854 crore.
As things stand, it needs to pay around Rs 9,000 crore as its next AGR instalment, which falls due in March 2022. Experts say the carrier won\u2019t be able to make the payment unless it raises funds, increases tariffs and gets relief from the government. Vodafone idea has cited relief in AGR dues as a key factor in determining whether it continues as a going concern.
Move would spell relief for Vi<\/strong>
\"I believe the government has the powers, although I think it is also helpful if the court agrees that these errors should be removed,\" Takkar had said. \"Even in the Supreme Court filing, they (government) had presented a cabinet note on which the details of the number of instalments and so on were put in\u2026that was obviously approved by the cabinet.\"
Any move which leads to a reduction in AGR dues or even the annual AGR instalments will come as relief for loss-making Vodafone Idea. The telco \u2013 which had Rs 920 crore in cash and cash equivalents at June end and is burdened with Rs 1.9 lakh crore of debt \u2013 faces Rs 58,254 crore in AGR dues, of which it has paid Rs 7,854 crore.
As things stand, it needs to pay around Rs 9,000 crore as its next AGR instalment, which falls due in March 2022. Experts say the carrier won\u2019t be able to make the payment unless it raises funds, increases tariffs and gets relief from the government. Vodafone idea has cited relief in AGR dues as a key factor in determining whether it continues as a going concern.
<\/div><\/div>Bharti Airtel, which is much stronger financially, faces Rs 43,980 crore in AGR dues, of which it has paid over Rs 18,000 crore. It needs to pay less than Rs 4,500 crore as its AGR instalment in March 2022. Any reduction will help it free up cash for network investments and prepare for 5G rollouts, say experts.
Vodafone Idea, promoted by UK\u2019s Vodafone Group<\/a> and India\u2019s Aditya Birla Group<\/a>, and Bharti Airtel have been trying to get their AGR dues reduced through legal means. But their efforts so far have failed. The two have recently moved a review petition against a July top court order, which had junked their pleas, seeking a recalculation of their AGR liabilities, citing arithmetical errors in the telecom department\u2019s calculations.
Another official said that internal consultations on ensuring the sector retains a four-cornered structure\u2014three private sector companies plus state-owned BSNL\u2014have picked up pace. In signs of heightened activity, top officials of Vodafone Idea, including managing director Takkar, met telecom secretary Anshu Prakash last week.
\"The Vodafone Idea executives were asked to share details of how soon they will be able to get investment into the company, once the government announces a relief package,\" said a senior government official. \"The government wants to know not just the quantum of investment but details of the company's medium-term plans, including how they expect the ARPU (average revenue per user) and related metrics to improve once the government relief and consequent investment flows into the company, their business plans for 5G and so on.\" He added that the government wants to ensure that its efforts to maintain a three-private player telecom market don't go in vain.
However, the telco has only said that investors would be ready to pump in money once the sector became viable, for which immediate sectoral relief was needed.
The government has also been pushing the promoters of Vodafone Idea \u2013 UK\u2019s Vodafone Group Plc<\/a> and Aditya Birla Group (ABG) \u2013 to infuse fresh equity into their joint venture. But both have so far maintained that they won\u2019t be investing fresh funds into the carrier.
Vodafone Idea didn't respond to queries.
<\/figure>
Despite attempts over the last 11 months, Vodafone Idea has failed to conclude its planned Rs 25,000 crore fund raising. The telco has blamed unviability of the telecom sector as the chief reason for its inability to raise money. It has said that if the government were to take steps such as fixing a floor price for tariffs and easing the AGR payment, and a moratorium on the next instalment of spectrum dues, it will be able to rope in investors.
While a relaxation on the AGR payment timelines is being discussed, other steps to provide relief to the sector include reduction in licence fees from the current 8% of AGR and increasing the payment moratorium for spectrum bought in auctions by another two years, say officials.
Currently, telcos don\u2019t need to pay for spectrum for FY21 and FY22, with the next spectrum payment to the government only due in FY23. They had sought a moratorium period of up to 10 years for present and future spectrum payments.
\"Moratorium can be extended by another two years. The industry is asking for more but the government has to earn as well. Telcos cannot keep getting moratorium,\" said a third official.
The Department of Telecommunications<\/a> (DoT) is also debating whether to reduce spectrum usage charge (SUC) not just prospectively, but also retrospectively.
Vodafone Idea, promoted by UK\u2019s Vodafone Group<\/a> and India\u2019s Aditya Birla Group<\/a>, and Bharti Airtel have been trying to get their AGR dues reduced through legal means. But their efforts so far have failed. The two have recently moved a review petition against a July top court order, which had junked their pleas, seeking a recalculation of their AGR liabilities, citing arithmetical errors in the telecom department\u2019s calculations.
Another official said that internal consultations on ensuring the sector retains a four-cornered structure\u2014three private sector companies plus state-owned BSNL\u2014have picked up pace. In signs of heightened activity, top officials of Vodafone Idea, including managing director Takkar, met telecom secretary Anshu Prakash last week.
\"The Vodafone Idea executives were asked to share details of how soon they will be able to get investment into the company, once the government announces a relief package,\" said a senior government official. \"The government wants to know not just the quantum of investment but details of the company's medium-term plans, including how they expect the ARPU (average revenue per user) and related metrics to improve once the government relief and consequent investment flows into the company, their business plans for 5G and so on.\" He added that the government wants to ensure that its efforts to maintain a three-private player telecom market don't go in vain.
However, the telco has only said that investors would be ready to pump in money once the sector became viable, for which immediate sectoral relief was needed.
The government has also been pushing the promoters of Vodafone Idea \u2013 UK\u2019s Vodafone Group Plc<\/a> and Aditya Birla Group (ABG) \u2013 to infuse fresh equity into their joint venture. But both have so far maintained that they won\u2019t be investing fresh funds into the carrier.
Vodafone Idea didn't respond to queries.
<\/figure>Despite attempts over the last 11 months, Vodafone Idea has failed to conclude its planned Rs 25,000 crore fund raising. The telco has blamed unviability of the telecom sector as the chief reason for its inability to raise money. It has said that if the government were to take steps such as fixing a floor price for tariffs and easing the AGR payment, and a moratorium on the next instalment of spectrum dues, it will be able to rope in investors.
While a relaxation on the AGR payment timelines is being discussed, other steps to provide relief to the sector include reduction in licence fees from the current 8% of AGR and increasing the payment moratorium for spectrum bought in auctions by another two years, say officials.
Currently, telcos don\u2019t need to pay for spectrum for FY21 and FY22, with the next spectrum payment to the government only due in FY23. They had sought a moratorium period of up to 10 years for present and future spectrum payments.
\"Moratorium can be extended by another two years. The industry is asking for more but the government has to earn as well. Telcos cannot keep getting moratorium,\" said a third official.
The Department of Telecommunications<\/a> (DoT) is also debating whether to reduce spectrum usage charge (SUC) not just prospectively, but also retrospectively.