November 18th, 2014 4:01 PM 7 COMMENTS

Rs. 1000-Crore fine on Loop Telecom for abruptlly disconnecting services to subscribers

The Department of Telecommunications (DoT) might re-impose Rs. 1,000-crore fine on Loop Telecom. This is because Loop Telecom abruptly disconnecting services to subscribers across 21 circles, after the Central Bureau of Investigation's view that the fine notice will not hurt its probe into the ownership of the company as part of the wider 2G case. Previously, DoT had decided against slapping the penalty on the premise that it could amount... Read More

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