IndiaCatalog.com
India News
Search Web Directory
News Home
DoT to hear Airtel, Idea, Vodafone pleas against Trai's Rs 3,050-cr penalty
Posted on 5th December 2017
The department of telecommunications (DoT) would soon hear the pleas filed by leading telecom service providers Bharti Airtel, Idea Cellular and Vodafone India against the Telecom Regulatory Authority of India’s (Trai's) recommendation of October last year that a Rs 3,050-crore cumulative penalty be imposed on them for allegedly denying sufficient points of interconnection (PoIs) to Reliance Jio Infocomm, according to a news report in Livemint.

The telecom department had asked the operators to make their presentation by December 6. However, Bharti Airtel and Idea Cellular have raised a request to defer the meeting and Vodafone has not yet responded, according ot a senior DoT official quoted in the Livemint report.

In a complaint to Trai last year, Reliance Jio had alleged that a large number of calls on its network were failing as incumbent operators were not providing sufficient points of interconnection.

Based on this complaint, Trai had in October last year recommended to the government that a penalty of Rs 1,050 crore each be imposed on Airtel and Vodafone, and Rs 950 crore on Idea.

In February, the Telecom Commission -- the highest decision-making body at DoT -- sought clarifications from the regulator about the basis for calculating the penalty and provisions of the law under which the penalty had been recommended.

In response, Trai had in May this year defended its stand and stated that the licence agreement mandated that the licensee has to be responsible for maintaining quality of service as mandated by the licenser or Trai, and any violation is liable to be treated as breach of terms and conditions of the licence.

Trai also mentioned that while non-compliance of terms and conditions of the licence warranted the revocation of the licence, Trai recommended a penalty as a revocation of licence would cause inconvenience to consumers.

Related Companies: IDEA Cellular Limited   

Other Latest News
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019

Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai).


Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for DoT to hear Airtel, Idea, Vodafone pleas against Trai's Rs 3,050-cr penalty
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for DoT to hear Airtel, Idea, Vodafone pleas against Trai's Rs 3,050-cr penalty

Most Read News

More India News

Photo Gallery

Sudheer Babu(10 Images) Sudheer Babu
  India Web Directory
Business Profiles
Yellow Pages
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2026 IndiaCatalog.com
    All Rights Reserved
Privacy Statement