TDSAT orders DoT to cough up

India’s Telecom Dispute Settlement and Appellate Tribunal (TDSAT) has instructed the Department of Telecommunications (DoT) to return bank guarantees submitted by defunct cellco Etisalat DB at the time of its spectrum allocation. According to the Business Standard, Etisalat argued that its guarantees should be refunded, as it had complied with the terms of its licence by meeting rollout targets before the cancellation of its concessions in February this year.

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OVETEL TDSAT orders DoT to cough up