The DOT is proposing to impose Rs. 1,594 crore penalty on 6 private telecom companies for understating their revenues and cheating the government crore of rupees by paying less revenue share. The companies and the penalty proposed are as follows:
1. Bharti Airtel : Rs. 292 crore 3. Vodafone : Rs. 254 crore 5. Tata Teleservices : Rs. 73 crore
2. Reliance : Rs. 551 crore 4. Idea Cellular : Rs. 113 crore 6. Tata Communications: Rs.120 crore
It is always known that the private telecom companies have been violating rules and regulations and tutilising all opportunities to increase their profit. The government was also succumbing to their pressure and granting a lot of concessions, though fully unjustified. The present of the proposal of the government has been overdue since it was well-known that the companies were cheating all these years and the government was looking the other way.