Telecom tribunal TDSAT today asked the government to file reply over a batch of petitions by various operators opposing the demand for additional licence fee.
TDSAT also asked the Department of Telecom not to take any coercive action against private telecom operators till December 10, the next date of hearing.
Telecom operators pay a certain percentage of their revenue from earnings from specified components as the licence fee, called as AGR.
However, the argument was opposed by DoT's counsel Vineet Malhotra. He said there was no need to stay as the notice did not ask for any immediate disconnection of services or enforcement.
Moreover, the operators had served the petition yesterday and he has no instruction for the matter. The tribunal consented with DoT's submission and said there was no threat of either disconnection or termination of services.
Reliance Comm stock price
On November 27, 2015, Reliance Communications closed at Rs 74.10, down Rs 0.35, or 0.47 percent. The 52-week high of the share was Rs 113.10 and the 52-week low was Rs 45.65.
The latest book value of the company is Rs 144.12 per share. At current value, the price-to-book value of the company was 0.51.
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