Immediate payment of dues may cripple 5G bids by telcos: Fitch
Any immediate payment of dues by telcos following the Supreme Court order on adjusted gross revenue (AGR) would leave them with limited financial flexibility to bid for 5G spectrum thus delaying its auction, Fitch Ratings has said.
The Supreme Court (SC) has said the telecom companies would have to pay the fine and penalties, apart from the AGR dues on licence. Image source: Reuters