No plan to bail out telecom companies under financial loss, says Dhotre

The government has no plan to bail out telecom companies which are battling severe financial losses, Sanjay Dhotre, minister of state for communications, said in the Lok Sabha on Wednesday. He said the government has not granted any exemption to telecom service providers from paying adjusted gross revenue (AGR)-related dues, but the Supreme Court has allowed a 10-year timeline to make the payments.