However, no deadline has been given to companies to submit the supporting documents
The telecom department had previously estimated past dues to the tune of Rs 1.83 trillion, but it does not seem to be pressing for immediate full payment from the state-owned gas utility
The DoT wants to ensure that the court-mandated criteria is being followed by companies in computing their AGR dues, the source added
There has been a flurry of meetings in the national capital between senior official of the telecom firms and the government over the past week
While investors will continue to monitor developments on the coronavirus front, the release of India's December quarter GDP numbers on Friday will be another top trigger for the markets
While it raises the larger question of the Court's role on matters that have a major impact on the economy, much of the blame also lies with the govt for poor handling of the issue
If the sector turns into a duopoly (ignoring the struggling BSNL-MTNL combine for the moment), Airtel and Jio will find it hard to absorb the 300-million-plus VIL customers who will have to be ported.
The telecom department officials remained tightlipped after the high-level meeting on Sunday
Cellular Operators' Association of India (COAI) also cautioned that any decision to encash bank guarantees will be "disastrous" for the telecom industry, which only has three private players
Inclusion of non-telecom income in the overall calculation means the higher the oil price, the bigger the AGR share of the government
Telecom department officials remained tightlipped after high-level government meeting on Sunday, where officials from NITI Aayog and Finance Ministry are said to have been present
Experts are of the view that these reforms are too little, too late
Trai's suggestions range from marketshare math to approval timelines, and other terms
The much-awaited initial public offering of SBI Cards and Payment Services, a subsidiary of State Bank of India, will open on March 2, confirms its prospectus
The Union government is of the view that there can be a debate on the quantum of payment and penalty but not on the fact that the companies have to make the payments
According to official sources, VIL paid Rs 1,000 crore to the Department of Telecom on Thursday
Besides licence fees, telecom companies owe Rs 55,054 crore in spectrum usage charges (SUC), as per estimates of the Department of Telecommunications (DoT)
The government will ensure coordination on three aspects -- compliance to SC order, ensuring health of the sector and customer interest, the source added
The Centre said telcos had already paid about Rs 16,000 crore in AGR dues and some had assured further payments in a week's time
The 'test check' will happen for all telcom firms but will start with those claiming they have already made full and final settlement towards their statutory liabilities