Vodafone Idea, Jio, Airtel likely set for relief worth thousands of crores as govt plans SUC waiver

The government is set to waive spectrum usage charges (SUC) for airwaves acquired through auctions before September 2021, a move expected to provide telecom companies with relief worth thousands of crores. The decision will help Vodafone Idea, Airtel, and Reliance Jio conserve cash as they expand 5G services and strengthen their networks, an official source told The Times of India.