September 19th, 2009 9:56 AM 10 COMMENTS

TELCOS FACE PENALTY FOR DELAYED SERVICE ROLLOUTS

Telecom operators which had applied for pan-India licenses way back in 2005 could now face heavy penalties for not having launched their networks within the required time frames. The Department Of Telecommunication (DoT) had initially considered a total fine amount of Rs 477 crore, however has recently reduced the same to Rs 135.60 crore, after having several rounds of meetings with reperesentatives of the various telecom service providers. Each of... Read More

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