After receiving DoT's showcause notice dated April 7, Vodafone Idea had recently said any payment not made on March 25, would be paid on April 15 with interest.
The DoT issued a show-cause notice to VIL over non-payment of fees with regard to circles of Bihar, Gujarat, Jammu and Kashmir, Kerala, Maharashtra, Uttar Pradesh (East) circles.
Sources close to the company said that payments had made towards license fee and spectrum usage charges for the quarter ending March 2021.
Among those who are active in the space, the Tata group and Airtel both have a greater focus toward larger enterprises, with the former not present in the MSME space at all.
VIL Chief Regulatory and Corporate Affairs Officer, P Balaji sought to 'debunk the myth' that VIL may not have acquired large amounts of spectrum due to financial constraints.
Jio walked away with the lion’s share of winning bids worth Rs 57,122 crore. The expensive 700 MHz and 2,500 MHz band did not attract any buyers.
Market sources estimated that Reliance Jio had acquired spectrum valued at about Rs 55,000 crore, but there is no official confirmation so far.
Industry sources said that the auction entailing seven frequency bands for mobile services - 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz bands - is currently underway.
The company said Vi Movies and TV Pay per view model a natural extension of its entertainment offerings.
Revenue from operations declined by 1.7 per cent to Rs 10,894 crore during the reported quarter from Rs 11,089.4 crore in the same quarter a year ago.
According to sources, during the meeting, the telcos raised several doubts, such as those regarding the payment of earnest money deposits and roll-out obligations.
The telecom operator claimed that customers in the metro city will get higher data speed with the refarming of spectrum.
Top 2 telcos Jio, Bharti Airtel consolidating market share; Vodafone Idea likely to lose RMS: Report
The latest note by IIFL Securities also indicated that tariff increase may not be immediate and instead sees a "high likelihood of price hike in 12-18 months".
The country's biggest telecom operator in a letter to the Telecom Regulatory Authority of India (Trai) has sought strict action against the two companies.
I remain optimistic that with government support, the industry and our company will script India’s success story over the next 25 years”.