The Department of Telecommunications (DoT) has started work on issuing demand notices seeking Rs 1.4 lakh crore in past dues from mobile-phone firms even as a high-level Committee of Secretaries (CoS) met to explore a financial bailout package for the telecom sector.
The demand notices will be issued in next two weeks after an assessment in light of the court order is done, they said adding telecom operators are expected to pay them within Supreme Court mandated 90 days time period.
A CoS headed by Cabinet Secretary Rajiv Gauba, has begun work on a financial bailout package sought by the debt-laden telecom carriers. The panel, which includes secretaries of the department of telecom, law, corporate affairs, revenue and economic affairs as also NITI Aayog CEO, had its second meeting on Tuesday but no decision has been taken, they said.
It has been asked to look at the demands of telecom service providers (TSPs) for deferment of payments they had promised for the spectrum won through auction as well as consider lowering air-wave usage charges.
It has been asked to consider lowering the obligation of TSPs for providing 5 per cent of their annual revenues for the Universal Service Obligation Fund (USOF).