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

Think twice before tarnishing image of Indian Army

Ever since the controversy over Major Leetul Gogoi`s meeting with a young girl in a Kashmir hotel started raging on May 23, I have seen that people, particularly scribes, are leaving no stone unturned to blemish the Indian Army’s image. First things first! If the meeting had happened a

IIT Bombay Racing to launch ‘EVoX’ tomorrow

IIT Bombay Racing will launch its 6th generation electric car ‘EVoX’ in the institute’s on Saturday. The racing car developed by Formula Student team from India based at IIT Bombay is designed to run at 100 km per hour in just 2.88 seconds. It is powered by 40 KW motors, titanium uprights

SAIL supplies 10,500 tonnes of steel in Kishanganga hydroelectric power project

SAIL has supplied 10,500 tonnes of steel for the 330 mega watt hydroelectric project, featuring three power generating units of 110 MW each. The enterprise’s steel supply consists of TMT rebars, structurals, plates and sheets. SAIL had also supplied around 70 percent steel used in the

Algerian Ambassador visits Goa Shipyard

The recent visit of Ambassador of Algeria to India H.E. Hamza Yahia Cherif to Goa Shipyard Limited has given a boost to the PSU’s ambition of receiving international orders from the Mediterranean region. CMD, GSL, Rear Admiral (Retd) Shekhar Mital apprised the Ambassador about various

IOCL posts Rs 21,346 crore net profit in 2017-18

IndianOil has clocked a net profit of Rs 21,346 crore for 2017-18 fiscal as compared to Rs 19,106 crore in the last fiscal. The reported revenue from operations for 2017-18 FY was Rs 5,06,428 crore as compared to Rs 4,45,442 crore in 2016-17. IndianOil’s reported revenue from operation

NTPC to help Bihar improve power sector

A memorandum of understanding (MoU) was entered amongst Bihar government, Bihar State Power Holding Company Ltd. (BSPHCL), Bihar State Power Generation Co. Ltd (BSPGCL), North Bihar Power Distribution Company Ltd.(NBPDCL), South Bihar Power Distribution Company Ltd.(SBPDCL), Bihar State Power Transmission

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter