
Bombay High Court Quashes Retrospective Spectrum Charges for Telecoms
The Bombay High Court has quashed the Union Cabinet's decisions imposing retrospective one-time spectrum charges on telecom operators Airtel and Vodafone Idea. This ruling could provide significant financial relief, estimated at ₹24,000 crore, to the companies.
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Big win for Airtel, Vodafone Idea: The case of retrospective spectrum charge, which Bombay HC quashed
By Soumyarendra Barik
Read full article →Airtel, Vodafone Idea eye ₹24k cr relief after Bombay HC quashes govt's one time spectrum charges
According to the FY25 annual report, Airtel's contingent liability towards OTSC was at ₹6,600 crore. Vodafone Idea’s exposure was at ₹7,581 crore.
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