Govt dials in for a reform package as Vodafone threatens to hang up

Updated : Aug 04, 2021 11:29
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Editorji News Desk

The telecom department may announce a relief package for the debt-ridden telecom sector by the end of this month, reports quoting government officials said.

This has come after Vodafone's promoter Kumar Birla's letter requesting government support came into the news. However, the report published in Economic Times mentioned that the government may not respond to the letter.

ALSO WATCH: Birla ready to hang up on Vodafone, Will the Govt pick up the call?

“The telecom department is firming up a relief package to allow surrender of spectrum, reduce bank guarantees, phase out levies and prospectively define AGR to provide relief to the sector as well as Vodafone Idea,” the report, quoting a government official, said.

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