The Appellant is licensed to provide basic telephone services to subscribers in Madhya Pradesh. As a part of the licence agreement the Appellant is expected to develop its own telecommunication network within its own service area, viz, Madhya Pradesh and also interconnect with the network of Respondent No. 2, viz. BSNL so as to provide national/Inter-circle Links which is currently available only with BSNL. This link is also required to connect the subscribers of the Appellant with the subscribers of BSNL within the same service area, viz, Madhya Pradesh. The issue under dispute is the location of points of interconnection between the Appellant and Respondent No. 2, viz. BSNL. The Appellant claims that as per the terms and conditions of its licence it is entitled to carry the traffic originating from its own subscribers to the farthest point through its own network before handing it over to Respondent No. 2, viz. BSNL at the Point of Interconnection (POI). BSNL, on the other hand, is of the opinion that the licence agreement clearly stipulates that the two respective networks and the points of interconnection of M/s Bharti Telenet Limited (BTNL) and BSNL would have to be at equivalent levels. Thus within the Short Distance Charging Area (SDCA), the interconnections would have to be at the level of local and tandem exchanges. In so far as Long Distance Charging Area (LDCA) are concerned, the points of interconnection would have to be located between the Trunk automatic Exchanges (TAX) of the LDCA-s of both BSNL and BTNL. For this, BSNL contends that BTNL would have to build up a parallel network within their LDCA on the same pattern as the Network Hierarchy of BSNL starting with the SDCA. In