SC rejects the plea for spectrum license extension, says corporate houses know the tactics of ROI
The Supreme Court rejected the pleas submitted by telecom companies, including Vodafone and Bharti Airtel seeking extension to their 2G spectrum licenses for next 10 years. The Court observed that there is no merit involved in extension. "The impugned decision of the government, which in fact resulted in huge inflow of revenue in the auctions conducted during the pendency of this litigation, cannot be said to be a totally irrational... Read More
