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Cabinet approves Rs 42,000 crore relief for Bharti Airtel, Vodafone, Jio on spectrum payments

21 Nov 2019 Evaluate

The Union Cabinet has approved a moratorium of two years for spectrum payments, providing relief to telecom companies. The move to defer payments for 2020-21 and 2021-22 will give Rs 42,000 crore relief to Bharti Airtel, Vodafone Idea and Reliance Jio.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1741.00
Vodafone Idea 12.65
Indus Towers 376.00
Tata Communications 1685.50
Railtel Corp. India 257.20
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