January 16th, 2015 6:15 PM 3 COMMENTS

Airtel might have to cough up Rs 436 crore penalty

Bharti Airtel may have to pay Rs 436 crore for merging its subsidiary Airtel Broadband Services Pvt Ltd (ABSPL) with itself, according to a source. The telecom department (DoT) had sought legal opinion whether the company was liable to pay differential spectrum cost and migration fee for merging ABSPL with itself. ABSPL had an internet service provider's ( ISP) licence to provide wireless broadband but merging it with a unified... Read More

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