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DoT slaps fine of Rs 300 crore on Idea Cellular

08 Apr 2013 Evaluate

In a major blow to Idea Cellular, DoT has directed operator to immediately stop offering 3G services outside their licensed zones and has slapped a fine of Rs 300 crore. Besides, the telecom department has also slapped a fine of Rs 550 crore on Vodafone for similar issue.

Meanwhile, Supreme Court on Friday rejected a plea by Bharti Airtel to immediately hear its appeal against the Delhi High Court order on Thursday which virtually prevents the company from providing 3G services in seven circles, where it does not have a licence.

Bharti Airtel, Vodafone and Idea won 3G airwaves in 13, nine and 11 circles, respectively, in the 2010 auctions.

Peers
Company Name CMP
Bharti Airtel 1976.70
Vodafone Idea 12.03
Indus Towers 384.75
Tata Communications 1717.30
Railtel Corp. India 230.15
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