 "Telecom disputes tribunal exempts RCom from one-time spectrum charge")
Reliance Communications Ltd said on Monday that the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has exempted the company's spectrum holdings in CDMA and GSM bands from a one-time spectrum charge (OTSC).
TDSAT also directed the Department of Telecommunications(DoT) to return a Rs 2,000 crore ($278.55 million) bank guarantee made by the debt-laden company, RCom said.
TDSAT upheld RCom's petition against DoT, challenging DoT's decision to impose one-time spectrum charge (OTSC) on its contracted CDMA and GSM spectrum resources.