Vodafone Idea Faces TRAI Financial Disincentives for Unsolicited Communications Violations

Vodafone Idea Limited has been fined by the Telecom Regulatory Authority of India (TRAI) for failing to control Unsolicited Commercial Communications (UCC) in 2023, with penalties totaling ₹53.2 lakh across four quarters.

Penalty Breakdown for Vodafone Idea

On December 20, 2024, Vodafone Idea disclosed that the TRAI had issued orders imposing financial disincentives on the company for not curbing Unsolicited Commercial Communications via its network. The penalties, totalling ₹53.2 lakh, were imposed for the following quarters of 2023.

• ₹33,31,000 for Q4 FY23 (March 2023)
• ₹5,93,000 for Q1 FY24 (June 2023)
• ₹8,14,000 for Q2 FY24 (September 2023)
• ₹6,82,000 for Q3 FY24 (December 2023)

Company’s Response to TRAI Orders

The company is reviewing the TRAI orders and evaluating its next steps, Vodafone Idea said in a press release on the stock exchanges.

Share Price Performance

Vodafone India’s share price traded up 1.49% at ₹7.51 at noon on the NSE, after opening flat at ₹7.40 against its previous close. The stock gained today, snapping its four-session losing streak from last week.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.