The Department of Telecommunications (DoT) has ordered the telecom service operator firms to end the 3G roaming services due to violation of the licenses norms.
Although the penalty for such license norm’s violation is not yet to be decided by the government department.
However after prohibition on some telecommunication wireless operators for 3 G roaming agreements, the value of shares of Indian telecommunications companies rose higher.
A source reported that the share market of Bharti rose up after a dispute tribunal put on holds a government order telling wireless providers to end some roaming agreements.
The share value of Bharti went up as much as 3.7% to Rs 342.85. Along this, Idea Cellular Ltd. gained as much as 3.9% and RCom rose 2.6%.
In a statement Bharti telecom firm said that it was “shocked” by a Department of Telecommunications (DoT) order to end the roaming agreements that enable companies to offer 3G services where they don’t own spectrum.
Beside this , the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has agreed to hear the dispute regarding 3 G roaming agreements and will trying to find a solution. The pros and corns of the telecom service providers’ complaints against the government’s decision of ending 3G roaming services agreement will be heard by The (TDSAT) on Jan 3.
“The contracts between cellular-service providers are a “breach of rules” and must be stopped immediately. It is not yet ascertained by the government department whether to impose a penalty on operators for violating license terms”, R.Chandrashekhar, the secretary of the telecommunications department was quoted.
