Bharti Airtel, Vodafone Idea, and Jio had urged the government to reduce the price, following which the matter went to the regulator for a review.
In October, the government had constituted a CoS, headed by Cabinet Secretary Rajiv Gauba, to explore a financial bailout package for the telecom sector
The source also indicated that the telecom department will not intervene in recent announcement by telecom operators to raise tariffs.
Telcos have reduced their tariffs so much that they earn only Rs 75 per user per month, nationally
Payouts related to AGR by non-telcos to far exceed demand made on telecom operators, including those that have either shut down or sold off
This comes soon after all three private telecom operators announced they were raising mobile phone tariff
While in the case of MTNL, 13,532 employees have opted for the VRS scheme so far
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In anticipation of the tariff hike, Reliance Industries' market cap crossed the Rs 9.5-trillion mark on Tuesday
Bharti Airtel and Vodafone-Idea have announced plans to increase tariffs for customers from December 1
The decision of Vodafone Idea and Airtel to raise tariffs is being seen as a step to encourage the government to offer a relief package to the industry
Airtel, Vodafone Idea and other telecom operators have to pay the government a whopping Rs 1.4 trillion
Bharti Airtel's internal accruals insufficient to pay the AGR dues of nearly Rs 28,000 crore in the next three months, say sources
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Officials said PGCIL, Gail, RailTel, Oil India, and DMRC are likely to be sent letters for paying the AGR that can run into crores
The relief package may include a cut in licence fee, a two-year moratorium on payment
A government Secretaries' panel is looking at providing relief to telcos through levy reductions in licence fee and the USO Fund
The two firms will monetise assets worth Rs 37,500 crore in the next three years