DoT reminds telecom licensees to furnish compliance reports on FDI and Paid up Capital

DoT fires off reminder to Telecom Licensees to file compliance report in time.

Avatar of Basil Kannagi Arasu

By Basil Kannagi Arasu

1 minute read

No comments

Share article:

Follow us
DoT AMP Logo

The Department of Telecommunications (DoT) yesterday reminded all telecom licensees holding CMTS License, UAS License, Unified License, and Unified License for VNO to furnish compliance reports on FDI and Paid up Capital.

All concerned licensees holding Unified License, Unified License for VNO, UAS License, CMTS License issued after 2001, and CMTS License issued prior to year 2001 are required to furnish the compliance report on FDI as on 1st day of January and 1st day of July of every year to the Licensor.

The clauses in the licenses also require concerned licensees to furnish a compliance report on Paid up Capital as on 1st day of January and 1st day of July of every year to the Licensor.

All the licensees holding CMTS License/ UAS License/ Unified License/ Unified License for VNO are advised to furnish the afore-mentioned compliance report(s) in a timely manner,” said DoT in a circular.

Verbatim of DoT’s letter to Telecom Licensees

1. In accordance with the clause 1.2 of the Unified License, clause 1.2 of the Unified License for VNO, clause 1.2 of the UAS License, clause 1.2 of the CMTS License issued after year 2001 and clause 2(ix)(a) of the CMTS License issued prior to year 2001, the concerned licensees are required to furnish a compliance report on FDI as on 1st day of January and 1st day of July of every year to the Licensor.

2. Further, in accordance with the clause 1.6(ii) of the Unified License and the clause 1.6(ii) of the Unified License for VNO, the concerned licensees are required to furnish a compliance report on Paid up Capital as on 1st day of January and 1st day of July of every year to the Licensor.

3. All the licensees holding CMTS License/ UAS License/ Unified License/ Unified License for VNO are advised to furnish the afore-mentioned compliance report(s) in a timely manner.

Share article:

Follow us
Avatar of Basil Kannagi Arasu

Basil Kannagi Arasu

News Reporter

1659 articles published
Basil keeps an eye on the latest happenings in the Telecom sector. You can find him streaming the Premier League, which he started watching in 2013, in his free time.

Related articles

Visit our forums

Join the discussions with thousands of active members who share the same interests as you and learn something new…

Comments (0)Forum replies (0)

No replies yet

Loading new replies...

DoT fires off reminder to Telecom Licensees to file compliance report in time.

Read full article

Reply Like

Leave a Comment