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DoT rejects licence fee review demand by Vodafone Idea
Mint Mumbai
|October 07, 2023
The department of telecommunications (DoT) has rejected Vodafone Idea's plea to review licence fee demands of ₹3,273 crore for fiscal 2016 and 2017, India's No.3 carrier said on Friday.
The Aditya Birla Group-promoted company said it was deciding on the next course of action since it had filed a plea with the Supreme Court (SC) for the DoT to correct some "errors" in the demands raised by the department and lower the amount.
"DoT vide its communication dated 4 October 2023 has disposed of the company's representation and objections in respect of licence fee demand of ₹1,749 crore and ₹1,524 crore, respectively (including Interest till 31 March 2023) for Financial Year(s) 2015-16 and 2016-17," the carrier said in a filing to the BSE on Friday.
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