ALSO READJio impact: Bharti Airtel, Idea skid over 9%, Idea nears four-year low Telecom stocks bounce back, gain up to 3 per cent Reliance Jio impact: Should you sell Bharti Airtel, RCom, Idea Cellular? Trai meets telcos over interconnect issue Reliance Jio tariffs are in line with regulations, says Trai
The matter will be next heard on March 22.
As per Trai's recommendation, the penalty for Airtel and Vodafone works out to about Rs 1,050 crore each, while in case of Idea Cellular it comes to about Rs 950 crore. The regulator stopped short of recommending cancellation of their telecom licences saying it may lead to significant consumer inconvenience.