Out of the Rs.219 crore penalty imposed by the DOT on those new telecom companies which have not rolled out services within one year of getting the licences, only Rs. 73.73 crore has been received so far according to Communications MinisterKapil Sibal. The question of cancelling the licences will be considered only if the roll out is not done within 52 weeks.
Many of these companies have been making windfall profits by selling their shares to MNCs. The 2G scam issue has focussed all these and the government is compelled to take action against the erring companies.Why wait for 52 weeks again, since the telcos have not rolled out services even after one year?
Of course, the government can not antagonise the India Inc!