122 2G licences

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Supreme Court Extends 2G Spectrum Auction Deadline till January 11, 2013

India’s Supreme Court today extends 2G Spectrum auction deadline till January 11, 2013 and allowed mobile service operators whose current licences are set to be revoked to operate their mobile services until January 18, 2013. It will be the big relief for the operators like MTS India (SSTL) and Uninor (as their current licenses are valid till September 7) which are serious to continue the services among all new operators… Read More

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Govt Fixes Rs 14,000 crore as reserve price for 2G spectrum

The government has set a reserve price of Rs 14,000 crore for the proposed auction of the 2G spectrum, which is at the lower end of the band recommended by the group of ministers on telecom, much lower than the price set by telecom regulator. The Union Cabinet also approved a levy of 3-8 percent on different slabs as annual spectrum usage charges, which was in line with recommendations of… Read More

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