Unsuccessful 2G bidders in new auction to cease operation: SC

Telecom companies successful in fresh auction held on November 12, 14 last year will be asked to start services immediately, court rules

PTI | February 15, 2013



The Supreme Court on Friday held that telecom companies which were unsuccessful in availing fresh 2G spectrum, and those which did not participate in the auction process, will cease to operate "forthwith".

However, telecom companies which were successful in the fresh auction held on November 12 and 14 last year will be asked to start their services in the respective circles immediately, the court ruled.

"Telecom companies which have been unsuccessful in the bidding and those after the cancellation of the licences did not participate in the fresh auction are directed to cease from continuing from operation forthwith and the successful bidders will immediately start in their respective circles," the court said.

A bench comprising justices GS Singhvi and KS Radhakrishnan directed that telecom companies that were allowed to continue operation after scrapping of their licences by February 2, 2012 judgement will have to pay the reserved price fixed for the licences in the first round of the auction held in November 2012.

The apex court by its interim orders had extended the deadline for them to continue with the operation.

The bench clarified that the apex court's February 2, 2012 judgement will not be applicable on telecom companies holding the spectrum with 900 MHz band. "The February 2, 2012 order will have no bearing on litigation relating to 900 MHz band," the bench said, adding that it (900 MHz band spectrum) was not the subject matter before it.

The bench also directed to immediately put on fresh auction entire 2G spectrum for the licences cancelled by it.
 

Comments

 

Other News

SAIL’s net loss declines to Rs 730 cr

Country’s largest steelmaker-- Steel Authority of India Limited (SAIL) on Thursday claimed of registering slump in standalone net loss at Rs 730.72 crore for the quarter ended September 30, helped by a strong marketing push and cost optimisation measures, reported Press Trust of India (PTI).

The present form of dancing is like circus: Pandit Birju Maharaj

Pandit Birju Maharaj is a living legend and an institution in himself. He represents Kalka-Bindadin gharana of Lucknow. He has mesmerised artists and audiences in India and abroad with his Kathak skills. He is also an accomplished vocalist and musician. He can play all string instruments like Sitar, Sa

National Rail Plan, 2030 unveiled

 The ministry of railways has come up with National Rail Plan, 2030 to provide long term perspective to plan for augmenting the railway network. In order to give a platform to concerned stakeholders to have their suggestions on modernisation and rapid development of the railways, a website (

Disruptions in parliament amount to gagging majority: Pranab Mukherjee

President Pranab Mukherjee on Thursday emphasised on the need to avoid disruption of parliamentary proceedings. He said that while three Ds are essential in a parliamentary system of democracy i.e. Debate, Dissension and Decision, the fourth D i.e. Disruption is totally unacceptable. The pa

So, who gets Jayalalithaa’s properties?

 Who will own the properties of Jayalithaa, who served five terms as chief minister of Tamil Nadu and died on December 5? That is a question which is being asked by the people in Chennai. In the affidavit submitted by Jayalalithaa in her nomination paper for the 2016 assembly election from R

Aadhaar-based rail reservation mandatory for senior citizens

 Railways reservation for senior citizens will be directly linked to Aadhaar or Unique Identification (UID) cards on a mandatory basis for both counter and e-tickets from April 1, 2017.  The railway ministry has decided to implement Aadhaar-based ticketing system for senior citizens in

Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter