India Said to Urge Court to Allow Telcos to Pay Dues over 20 Yrs

India has filed a plea in the top court seeking permission to all payment of dues by telecom companies over a period of 20 years, people with knowledge of the matter said.

• Plea says adverse impact on telecom companies may have a cascading impact on the economy, the people said, asking not to be identified as the filing was not public
• Bharti Airtel paid 180b rupees, 260b rupees balance to be paid, the government said in its affidavit
• Vodafone Idea paid 35b rupees, 547b rupees balance remains to be paid
• NOTE: India Asks Bharti, Vodafone to Pay Dues As Per ...