Loop Telecom pays penalty

Image
Press Trust Of India New Delhi
Last Updated : Jan 20 2013 | 1:37 AM IST

Another new operator Loop Telecom has paid the penalty of Rs 2.7 crore to the government for missing out network roll-out in the stipulated period.

“The company has paid Rs 2.7 crore for the three circles,” a company official said.

Loop Telecom Ltd which was earlier known as BPL Mobile has licences in 21 circles but is yet to get spectrum in the New Delhi circle.

Yesterday, three other new mobile operators including Etisalat DB, Uninor and MTS had confirmed having paid the penalty.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 31 2010 | 1:27 AM IST

Next Story