Tata Teleservices has received 2 penalty notices from the Department of Telecommunications (DoT), Maharashtra, totalling ₹3.8 crore. The first notice is for ₹3,40,28,600, covering the period from April 2007 to April 2012, while the second is for ₹41,00,000 for the month of March 2010.
The penalties were imposed due to the company’s failure to follow subscriber verification rules. As per DoT regulations, telecom companies must thoroughly verify customer identity before activating services. Violations can lead to penalties between ₹1,000 to ₹50,000 per lapse. The lapses occurred under the Maharashtra License Service Area.
Tata Teleservices stated it is currently reviewing the penalty order. The company can appeal to the DoT for reconsideration. If not resolved, it can take the case to the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), and further, to the High Court or Supreme Court if required. The company added that the financial impact will be limited to the penalty amount itself.
This is not the first instance of such action. On June 10, the DoT imposed a ₹1.01 lakh penalty on Bharti Airtel for similar violations. Airtel chose to pay the fine, while Tata Teleservices is still weighing its options.
On June 19, 2025, Tata Teleservices (Maharashtra) share price was trading at ₹64.30, down 3.34% for the day. The stock opened at ₹66.00 and hit a high of ₹67.89 and a low of ₹63.90 during the session. The company has a market capitalisation of ₹12,570 crore. Over the past 52 weeks, the stock has touched a high of ₹111.40 and a low of ₹50.10.
Also Read: Key Corporate Actions This Week: Bajaj Auto, Hindustan Zinc, Tata Power Trading Ex-Date (June 16–20)!
Tata Teleservices is the latest telecom company to face penalties from the DoT for subscriber verification lapses. While the financial impact may be minimal, it highlights the regulatory pressure telecom firms face. How Tata Teleservices handles the situation—whether through appeal or payment—remains to be seen.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 19, 2025, 3:06 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates