Rcom sees Bias in DoT not guarantees from Vodafone
Reliance communications has alleged DoT of adapting a discriminatory approach by demanding bank guarantee from the company for one-time spectrum charges, while approving the Vodafone-Idea Cellular merger without making a similar demand, sources said today.
The telecom department has demanded payment of Rs 3,976 crore for one-time spectrum charge from Vodafone India, and a joint bank guarantee of Rs 3,342 crore before it grants final approval for the merger.
The Anil Ambani-led firm has alleged that one-time spectrum charge dues of Vodafone are to the tune of Rs 9,000 crore. Telecom tribunal TDSAT on July 3 directed DoT to return bank guarantees of Rs 2,000 crore to RCom.