Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business
The Hindu
This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment
Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday.
This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment.
"Airtel paid ₹8,312.4 crore towards spectrum dues and was provided the allocation letter for the designated frequency bands within hours. E band allocation was given along with spectrum as promised. No Fuss, No Follow Up, No running around the corridors and No tall claims. This is ease of doing business at work in its full glory," Mr. Mittal said in a statement.
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The Department of Telecom has received payment of around ₹17,876 crore from service providers — Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction.
While all telecom operators have opted to make payments in 20 annual installments, Bharti Airtel paid ₹8,312.4 crore equivalent to four annual installments.
"In my over 30 years of first-hand experience with DoT, this is a first ! Business as it should be. Leadership at work-Right at the top and at the helm of telecom. What a Change ! Change that can transform this nation – power its dreams to be a developed nation," Mr. Mittal said.