Business OpportunitiesDoT may penalise 4 foreign telcos
The government is contemplating slapping penalty on four foreign telcos, including AT&T, MCI and BT, for allegedly circumventing licence norms that may have caused revenue loss to the Government.
"The Committee of directors has observed that the foreign MNCs --AT&T, BT, Equant and MCI (Verizon) have procured the ILD services from the licenced operators-- VSNL, Reliance and Bharti and provided to the customers in India. These MNCs have also issued bills and realised revenues from customers in India," said an internal panel of department of Telecom.