DoT unlikely to adjust with 2008 entry fee if bidders pay in phases

Telecom operators, which won spectrum in the recent auction, may be allowed to adjust the bid amount against the entry fee paid in 2008 only if they pay the entire money upfront. The Department of Telecom (DoT) is likely to take a view that operators opting to pay in instalments cannot claim adjustments against the money paid earlier.
The issue came into focus after Videocon, which won spectrum in six telecom circles, applied to adjust the money which it paid in 2008 against the bid amount.

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