Home » Latest World News, Technology » DOT slaps Rs 878 cr demand on Vodafone

Department of Telecommunications (DOT) has raised a demand of around Rs 877.6 crore from Vodafone as spectrum charges for the period between 2008-09 and 2011-12 , sources said.

DOT-indiaEvery operator has to pay various kinds of annual charges like spectrum usage charge and licence fee, which is based on their revenue earned from telecom services . The total amount raised against Vodafone — which includes penalty and interest for all the four financial years separately — has to be paid by February 20, sources added.

For financial year 2011-12 , the company has been asked to pay Rs 131.89 crore penalty for 11 telecom service areas. This includes Rs 81.86 crore principal and penalty, while the interest component is around Rs 50 crore. For financial year 2010-11 , DOT has asked the British telecom major’s India unit to pay Rs 730.98 crore that includes principal and penalty of Rs 532.88 crore and interest component of Rs 198.10 crore.

These charges have been levied on spectrum held by the company in 20 out of the 22 service areas where it operates , sources said.

DoT has asked Vodafone to pay Rs 14.78 crore for the Andhra Pradesh service area due for fiscal 2009-10 . The company has also been asked to pay Rs 12.24 lakh for Assam and Himachal Pradesh for fiscal 2008-09 .

, , , , , , , , , , , , ,

Add reply