Vodafone Idea Limited has disclosed receiving an order from the Telecom Regulatory Authority of India (TRAI) levying a financial disincentive of ₹89,16,000/-. This penalty is attributed to alleged non-compliance with the Telecom Commercial Communications Customer Preference Regulations, 2018, for the quarter ended December 2024. The company is currently reviewing the order and assessing its next course of action. The maximum financial impact is equivalent to the disincentive levied.
TRAI Levies Financial Disincentive on Vodafone Idea
Vodafone Idea Limited has announced that it has received an order from the Telecom Regulatory Authority of India (‘TRAI’). This order imposes a financial disincentive amounting to ₹89,16,000/- (Rupees Eighty Nine Lakh Sixteen Thousand only).
Reason for Penalty
The penalty has been levied by TRAI under the provisions of the Telecom Commercial Communications Customer Preference Regulations, 2018. The alleged reason for this disincentive is non-compliance with these regulations for the quarter that ended in December 2024.
Company’s Response
Vodafone Idea Limited is currently in the process of reviewing the Order issued by TRAI. The company is also assessing the appropriate course of action to address this matter. The maximum financial impact identified by the company is limited to the extent of the disincentive that has been levied.
Source: BSE
