Telcos seek extension from DoT to provide bank guarantees, COAI urges the department to bring telecom under essential services

The telecom operators have written to the Department of Telecommunications (DoT) seeking extension to provide bank guarantees (BGs). The revised BGs were to be submitted by March 23, 2020 but due to curtailed operations of banks citing COVID-19 outbreak, operators have sought extension. As per industry sources, Cellular Operators Association of India (COAI) had written … Continue reading Telcos seek extension from DoT to provide bank guarantees, COAI urges the department to bring telecom under essential services