In a major setback for mobile service operators, especially those whose mobile service licenses has been canceled by the Supreme Court under 2G verdict and who want to shut operations in India like Etisalat DB, STel and Loop Telecom ect., the Telecom Regulatory Authority of India (TRAI) said there was no need for a separate exit policy.
In its recommendations to the Department of Telecom (DoT), TRAI said “Presentiy there is no need for a separate exit policy for all types of licences and the entry fee paid by the licensees will continue to be non-refundable as per their license terms and conditions.”
India’s telecom watchdog further added that “Present conditions in various licences (CMTS /UAS /ISP) with regard to their surrender (licensee can surrender its licence by giving at-least 60 days notice, (30 days in case of ISP license) shall continue to be applicable.”
Emad April 20, 2012 at 2:42 pm
TRAI = Bunch Of Idiots
Vipul April 20, 2012 at 12:22 pm
@Ramesh Darji
how ridiculous to make this Telcos innocent!!!!!!!
Were not their GMs and whos-who aware of the fact that they were conducting illegal trade?
of course they were.They were at that time happy coz they got the cheapest deal and made huge profit.
and dont worry about their licence fees.
they have made thousands time that amount over the year.
and for unemployment,some other Telcos gonna absorb the vaccum but at the cost of employees’ benefits and salary.
the govt’s duty should be to arm-twist these black-listed Telcos to pay their employees’ dues with proper compensation
Pratik April 20, 2012 at 12:12 pm
Foreign Company is also responsible for this mess not directly.
Before purchasing share in any company each company check the creditability and authenticity of that company. So I think Foreign Company knew that how the license was given to those company. It’s is nessasary to teach lessaon to thoes foreign company. So in future they just invest in right kind of company.
Vipul April 20, 2012 at 12:01 pm
@Bharath
I think Santosh works for one of these Telcos
dskushwaha April 19, 2012 at 7:06 pm
It is technology which is always against the inflation unlike all other commodities. Think what was the price of a decent PC (1.5 Ghz 128 MB RAM 20 GB HDD)10 years back or Nokia 3310 when it was launched or DVD player.
Bharath April 19, 2012 at 6:52 pm
Shut up santosh they are the one who are looting people after politicians..
Santoshkumar April 19, 2012 at 6:38 pm
Every one is talking about tariff hikes. But think which goods price was down last ten years. Inflation is zooming and all other prices are increasing like any thing.. Why only telecom has to reduce the prices to one paisa or half paisa..They also have to survive…
Subrat April 19, 2012 at 2:14 pm
Govt’s wrong policy is responsible for their loss.so govt should refund their money..also put those officials nd ministers in prison .
Kaushik Roy April 19, 2012 at 2:11 pm
Ready for more arbitration in International Court
Ramesh Darji April 19, 2012 at 1:42 pm
Dear Friends, there is biggest scam happened in last 2-3 years and all investers and customers are paying the prices for the same.
Telecom is best example and nothing happened to all ministers but what about Uninor or MTS like serious platers.
If you lost 1-2 lakh how u feel ,they have lost almost 14000-15000 crore just because of our govt. ministers.
Uninor like serious players needed or else what will happen for tarrif that time will tell. See some of socking move, cancellation of license, rejection of review petion from telecom compnay but govt. review petion considered. 4 month time given for auction but govt need 400 days and that also supreme court will extend. Another socking news is govt is not considering telecom request to allow continuity of service after 02.06.2012 and also they are not doing auction.
Impact: Unemployement, high rocking tarrif in coming period, 2 paisa call will be dream. There is no clarity on all these issue. This how our goverment works, how we expect bright future in telecom in india.
Ramesh Darji April 19, 2012 at 1:34 pm
Dear Friends, I am also really upset with all happening from 2nd Feb, 2012.
Uninor like serious players needed or else what will happen for tarrif that time will tell. See some of socking move, cancellation of license, rejection of review petion from telecom compnay but govt. review petion considered. 4 month time given for auction but govt need 400 days and that also supreme court will extend. Another socking news is govt is not considering telecom request to allow continuity of service after 02.06.2012 and also they are not doing auction.
Impact: Unemployement, high rocking tarrif in coming period, 2 paisa call will be dream. There is no clarity on all these issue. This how our goverment works, how we expect bright future in telecom
Saurabh April 19, 2012 at 1:25 pm
We all know how much telecom sector is messed by paralyzed policies of Govt, their inability to take timely actions and scams. But instead of clearing up all the mess, the Indian Govt., DoT and TRAI is making it more messy. Can anyone answer me what the hell is going on with policy markers and GoI? Are they here to bend the rules to make more and more money? Every time we see a new rule coming to loot. SC had canceled Govt. plea on taxing Vodafone deal but this budget session, Pranab Da come with some amendments which will make such transaction taxable. On one end, Govt wants to attract foreign funds and on the other they bend rules which makes foreign investors to stay away.
TRAI was made to regulate the sector not to destroy the sector. I read that tis time time has recommended of a one-time non-refundable fee of Rs.15 crore for unified license and companies will ave to take spectrum through auction but there was no non-refundable clause before. So those telecom operators who want to exit should be refunded every single penny. Govt. is thinking of themselves only and not those who are losing large chunk of money with all this.
All this is clearly damaging India’s image of a, “Investors Destination”
Ashish April 19, 2012 at 12:54 pm
Soon all existing operators will hike mobile tariffs because of low competition. So get ready to pay more
Sreenivasa reddy April 19, 2012 at 12:42 pm
If Govt continue this what about the users of existing telecom opertors?
AMIT JOSHI April 19, 2012 at 12:29 pm
THIS IS NOT GOOD MOOV BY GOVT &TRY>>>
sandeep April 19, 2012 at 12:26 pm
first this manisters cheat the foreign company by filling there own pockets like A Raja and giving 2g licance at low cost who fill manisters pockets now TRAI is refusing to give back foreign company money to them .
Whose fault is this manisters or foreign company.
Plz fri repley.