Current Affairs - Business - Discussion

The Digital Communications Commission (DCC), on recommendations by the Telecom Regulatory Authority of India (TRAI), approved the penalty of Rs.3050 crore to be imposed on Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance as TRAI recommended imposing a total penalty to those network operators for allegedly denying interconnectivity to Reliance Jio in October 2016. The DCC, which is an apex decision-making body of the Department of Telecom (DoT), last month approved imposing a penalty. Telecom secretary Aruna Sundararajan told that the same recommendation will be sent to the competing authority by DCC for their decision. But citing the 'present financial health of the sector', the Commission decided to seek TRAI's views on revising the Rs.3,050-crore suggested penalty before imposing the fine.