NEW DELHI: The Supreme Court on Monday upheld BSNL’s right to impose the maximum penalty on the Anil Ambani group firm Reliance Communications (RCOM) for wrongly routing international calls through the state-run telco’s network as local connections by tampering with Calling Line Identification (CLI) numbers.
RCOM, India’s secondlargest mobile phone operator, slumped to a record low on BSE after the apex court order. Its shares fell 2.2% to Rs 128, the lowest since listing in March 2006. The BSE sensex gained 1.4% on Monday.
A three-judge bench headed by the Chief Justice S H Kapadia said that as per BSNL’s interconnect agreement with RCOM, the staterun firm had the right to levy a penalty on all calls routed by the R-ADAG firm through its network, including local calls, based on the highest call rate slab.
RCOM, India’s secondlargest mobile phone operator, slumped to a record low on BSE after the apex court order. Its shares fell 2.2% to Rs 128, the lowest since listing in March 2006. The BSE sensex gained 1.4% on Monday.
A three-judge bench headed by the Chief Justice S H Kapadia said that as per BSNL’s interconnect agreement with RCOM, the staterun firm had the right to levy a penalty on all calls routed by the R-ADAG firm through its network, including local calls, based on the highest call rate slab.
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