Announced Tue, 6 Oct, 2026 · 23:18 IST
DoT terminates telecom spectrum assigned to RCOM and RTL with immediate effect
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹0.87
prior close
₹0.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.2+1.2+1.2-1.1-2.3-1.1-1.1-2.3—————
Up moveDown movePending
AI summary
Department of Telecommunications has terminated with immediate effect all telecom spectrum assigned to RCOM and subsidiary RTL, won in auctions from 2010 to 2016. Reasons include non-payment of deferred spectrum instalments, spectrum usage charges, and failure to meet rollout obligations. Action follows Supreme Court ruling dated 13.2.2026; RCOM's review petition was dismissed on 28.7.2026. Spectrum was part of CIRP resolution plan pending before NCLT Mumbai.
Likely market impact
Loss of key asset in resolution plan. Negative for resolution value; pending resolution plan before NCLT may face further delays.