News› business›good news for telecom companies centre may waive off spectrum usage charges says report
Business
It is worth mentioning that the Department of Telecom (DoT) had withdrawn the SUC on radio waves purchased via auctions from September 2021 onwards.
Edited By : Vikas Mehta
Updated: Mar 24, 2025 14:02 IST
The major telecom companies may have good news after the Centre is likely to waive spectrum usage charges (SUC) on airwaves that they bought through auction before September 2021, The Times of India reported.
---Advertisement---
Telecom companies like Airtel, Reliance Jio, and Vodafone Idea will likely get an uplift if the Centre waives off the SUC. The TOI mentioned an official stating that the money would help the companies to establish 5G services in the country.
It is worth mentioning that the Department of Telecom (DoT) had withdrawn the SUC on radio waves purchased via auctions from September 2021 onwards. The department still charges for radio waves that were bought before September 2021.
---Advertisement---
It has been learned that the Centre is of the view that the received best prices for airwaves through auctions during the bidding process and taxing the companies more is needless. Talks are already on with the DoT and soon an announcement would be made regarding the waive off.
The report cited that Vodafone Idea would receive the maximum benefit of Around Rs 8000 cash which would help it in providing the 5G services to its customers.
---Advertisement---
Last week, the Department of Telecommunications (DoT) announced the 5G Innovation Hackathon 2025, a six-month initiative aimed at accelerating the development of innovative 5G-powered solutions to address societal and industrial challenges.
According to the Ministry of Communications, open to students, startups, and professionals, the programme provides mentorship, funding, and access to over 100 5G Use Case Labs, enabling participants to transform visionary ideas into scalable technologies.
HISTORY
Written By
Vikas Mehta
Mar 24, 2025 14:02
Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.
Department of Telecommunications
Related Story
---Advertisement---
live
Latest LIVE News Trending Today, Real Time Updates: FIR Filed Against Rahool Kanal And 19 Others For Vandalizing Habitat Comedy Set
India
Mar 24, 2025
-
14:23 (IST) 24 Mar 2025
NMC Demolishes Illegal House Of Yusuf Sheikh, Accused In Nagpur Violence Case
---Advertisement---
Trending
Viral Video: Bengaluru-Based YouTuber Breaks Traffic Rules To Clear Way For Ambulance; Wins Hearts Of Netizens
Mar 24, 2025 11:24 AM IST
Viral Video: Couple's Hesitant 'Yes' Creates A Heartwarming Photograph They'll Treasure Forever
Mar 21, 2025 08:00 PM IST
Couple’s Bengaluru Photoshoot Takes An Unexpected Turn As Colour Bomb Malfunctions | WATCH
Mar 21, 2025 04:36 PM IST
Viral Video: Emotional Reunion Of Delhi Man And His Lost Dog Wins Hearts; Netizens Say, ‘Nothing Better Than This Feeling’
Mar 21, 2025 01:52 PM IST
‘Agar Koi Tumhe Gaali De Toh…’: Grok Responds To Hindi Abuse Backlash, Defends Its ‘Raw And Real’ Style
Mar 21, 2025 11:40 AM IST
Pakistani Man Shares Experience Of Mumbai Layover, Enjoys Vada Pav At Airport; Calls It 'Pretty Fun'
Mar 20, 2025 06:55 PM IST
Britannia’s Epic Marketing Move: Croissant Gets A New Name ‘Prashant’, And The Internet Can’t Stop Laughing!
Mar 20, 2025 03:11 PM IST
Viral Video: THIS Unexpected Act By Danish Tourists Sparks Debate On Social media
Mar 20, 2025 03:01 PM IST
Viral Video: Forest Officials Run For Lives As Wild Elephant Chases Them In Karnataka’s Hassan; Netizens Say – ‘Cameraman Never Dies’
Mar 20, 2025 12:13 PM IST
WATCH: Dolphins Gather In A Epic Welcome Party For SpaceX Crew 9’s Return To Earth: Internet Can’t Get Enough
Mar 19, 2025 08:34 AM IST
View All