NEW DELHI: A “cartel” of 4-5 telecom firms having a billion subscribers are making Rs 250 crore a day but not making investments on their network to improve services to check call drops, government told the Supreme Court on Thursday.
“There is a cartel of four-five telecom companies having billion subscribers who are making Rs 250 crore a day from outgoing calls.
“They have stupendous growth but they are making minimum investment on their network to improve the quality of service on their network to curb call drops,” attorney general Mukul Rohatgi said.
Rohatgi, appearing for Trai, also defended the penalty imposed by the regulator on the telecom firms, saying it would be around Rs 280 crore and not run into many thousands of crore as was being claimed by service providers.