Loop

Trai imposes Rs 50 lakh fine on BSNL, eight other telcos for poor service

The regulator has imposed maximum penalty of Rs 14.5 lakh on state-run telecom company BSNL for failing to meet 13 quality of service parameters, they said, adding that no penalty was imposed on Videocon, Loop Mobile and state-run MTNL.

DoT failed to get Rs 1,649 cr fine from telcos after licence cancellation

In a strongly worded letter by the Comptroller and Auditor General (CAG), it has been pointed out that the DoT has failed to raise Rs 1649 crore in payments from telecom companies which lost their licences and then did not participate in subsequent auctions to win back spectrum.

Spectrum auctions slated to begin on 23 Jan: 10 things you should know

The Department of Telecom (DoT) last night issued Notice Inviting Applications (NIA) for the auctions with details of auction timeline, spectrum availability, conditions for existing telcos and new entrants etc.

Potential acquirers build war chests for Loop's Mumbai spectrum

Why is the Loop's spectrum so attractive? Well, to begin with the company has been looking for a strategic financial investor to fund license renewal next year. It may even look at a sell off - all options are on the table. A note to clients from IIFL says Loop's 8 mhz spectrum holding in Mumbai is expected to be converted into 3G by a new player.

SC dismisses Essar, Loop pleas in 2G spectrum case : All you need to know

The bench, which had reserved its judgement in May 2012, said there was no merit in the plea and dismissed the same.

2G case: Foreign telcos can't claim damages from govt, says Attorney General

In a setback to foreign telecom players such as Sistema and Telenor, Attorney General G E Vahanvati is believed to have reiterated his earlier stand that such players cannot claim damages for cancellation of their 2G licences by an order of the Apex Court.

Essar Oil hits 1-year low as CBI books top execs in 2G case

The CBI on Monday filed the third and final chargesheet in the 2G spectrum allocation case against the promoters of Loop telecom; the chargesheet names Ruias and Khaitans for conspiracy, forgery and cheating.

Airtel, Voda, RCom, 4 other telcos owe DoT over Rs 2,100 cr in penalties: CAG

As per data provided by the Department of Telecom (DoT) to CAG, RCom has maximum outstanding due of Rs 594.76 crore, followed by Airtel Rs 502.8 crore, Aircel Rs 402.31 crore, BSNL Rs 269.42 crore, Vodafone Rs 203.04 crore, Idea Cellular Rs 74.15 crore and Tata Teleservices (TTSL) Rs 70.47 crore.<br />

Telecom operators' Q1 gross revenue up 12% at Rs 60,716 cr

The gross revenue of telecom service providers was Rs 54,283.78 crore and adjusted gross revenue was Rs 35,279.5 crore in the first quarter of 2013.<br />

Trai to review telcos' freedom to fix mobile rates if current tariffs are hiked

The regulator allows free hand to fix telecom call and service rates as it feels that competition in the market will keep control on tariffs.<br />