2G scam: Govt likely to ask Telecom players to pay Rs 37,000 cr

Government has given major shock to the telecom industry as the Telecoms players including Bharti, Airtel, Vodafone, Idea might have to pay Rs 37,000 crore for the excess spectrum that they hold.

It has been expected that a draft Cabinet note will be finalised within a week and a decision will be taken in the next two weeks, sources claimed.

If any telecom players are holding spectrum in excess of 6.2 megahertz, then they will be charged.

According to IBN Live a draft Cabinet note is set to recommend the same, and “sources say that the draft is expected to be finalised within a week; a decision on this is likely in the next two weeks. ”