Vodafone Idea slapped with Rs 26.83 crore damages by DoT over 2022 spectrum rollout
The Department of Telecommunications has asked Vodafone Idea to pay Rs 26.83 crore in liquidated damages. According to a BSE filing by the telecom operator on Saturday, the demand relates to an alleged default in meeting minimum rollout obligations for spectrum won in the 2022 auction.
The company received the notice on Friday (July 31). In the stock exchange filing, Vodafone Idea said the demand covers “alleged default in compliance of minimum rollout obligations” for airwaves assigned under the 2022 sale.
