Vodafone moves to Supreme Court after HC dismisses plea against TRAIs IUC fixing
Vodafone moved to the Supreme Court after the Delhi High Court dismissed the plea against Trais order on IUC charges.
Key highlights:
- Vodafone moved to the Supreme Court on Saturday over TRAI's IUC new charges
- Delhi High Court order dismissed the plea against TRAI
- The company stated that non-sharing of the cost model with telecom companies amounted to a violation of principles of natural justice
Telecom company Vodafone moved to the Supreme Court (SC) on Saturday against the Delhi High Court order dismissing the plea against the Telecom Regulatory Authority of India (TRAI) for fixing the interconnection usage charges (IUC) at 6 paise.
The plea was against the consultation process adopted by the telecom regulator for fixing the new IUC charges, said a Financial Express report.
6 paise for IUC is threatening to wipe off Rs 2250 crore from telcos earnings in the next 90 days
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