Trouble brews for RCom, as DoT threatens to cancel licences
Another trouble strikes Anil Ambani-led Reliance Communications (RCom), as the Department of Telecommunications (DoT) has asked the telecom firm to pay Rs 774 crore in bank guarantees towards upcoming spectrum payment dues or its licences will be cancelled
The DoT notice to RCom was reportedly sent in the last week of June. Image source: PTI