NEW DELHI: The Department of Telecom is understood to have decided to slap a total penalty of Rs 132 crore on some major telecom operators for not
rolling out services on time after the award of licence and spectrum.
The penalty, which will be in the form of liquidated damages (LD), are for delays since 2005 for which show-cause notices had been issued earlier.
"As per the calculation, the revised LD amount is Rs 132 crore, Bharti Airtel (Rs 28.20 crore), Reliance Communications (Rs 19.85 crore), Tata Teleservices (Rs 36.5 crore), Tata Teleservices (Maharashtra) (Rs 3.7 crore). The LD on Aircel is Rs 28.995 crore, while Vodafone Essar, MTNL, BSNL have not been slapped any LD, said an internal DoT note.
"Idea Cellular has to pay Rs 1 crore, HFCL Infotel and Sistema Shyam have to pay Rs 7 crore each," it added.
DoT to impose Rs 132 cr penalty on telcos- Telecom-News By Industry-News-The Economic Times
rolling out services on time after the award of licence and spectrum.
The penalty, which will be in the form of liquidated damages (LD), are for delays since 2005 for which show-cause notices had been issued earlier.
"As per the calculation, the revised LD amount is Rs 132 crore, Bharti Airtel (Rs 28.20 crore), Reliance Communications (Rs 19.85 crore), Tata Teleservices (Rs 36.5 crore), Tata Teleservices (Maharashtra) (Rs 3.7 crore). The LD on Aircel is Rs 28.995 crore, while Vodafone Essar, MTNL, BSNL have not been slapped any LD, said an internal DoT note.
"Idea Cellular has to pay Rs 1 crore, HFCL Infotel and Sistema Shyam have to pay Rs 7 crore each," it added.
DoT to impose Rs 132 cr penalty on telcos- Telecom-News By Industry-News-The Economic Times
