India’s top telcos -- Reliance Jio Infocomm, Bharti Airtel and Vodafone Idea -- have sought finance minister Nirmala Sitharaman’s urgent intervention, urging the government to boost the liquidity levels of the debt-laden telecoms industry by offering a combination of soft loans against GST input credits and cutting key levies such as licence fees and spectrum usage charges (SUC).
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3i7htnn
Sunday, June 28, 2020
Telcos seek soft loans, levy cuts to ease stress
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