DOT Withdraws UAS License Issued to ByCell for Mobile Services

By April 9th, 2010 AT 6:43 PM

The Department of Telecom (DoT) has announced the cancellation of UAS (Unified Access Service) License of Russian-owned, Swiss-registered Telecom operator ByCell Telecommunications Pvt Ltd to start telecom operations (Mobile Services) in 5 Telecom circles named Assam, Orissa, Bihar-Jharkhand, North East and West Bengal, on grounds of security concerns.

After the Indian home ministry’s concerns about ByCell’s shareholding structure, its source of funding and the lack of clarity about the company DoT cancelled the mobile network operator licenses.

According to Mr. RK Gupta Director (Access Services -I cell ), Department of Telecommunications (DOT), notice sent to ByCell Telecommunications (India) Pvt Ltd which stated  “The 5 letters of intent (LoIs) are hereby withdrawn as the security clearance and all the FIPB approvals granted to the company have been withdrawn.” The DOT will refund the entry fee and performance guarantee that the operator paid as part of its concession award Rs. 860 million (USD19.33 million).

The Department of Telecom (DoT) also clarified that the withdrawal of the LoIs was subject to the final outcome of a writ petition before Delhi High Court.

ByCell Telecommunications India Private Limited (ByCell-India) incorporated on October 13, 2005 as a subsidiary of ByCell Holding AG completes two challenging years in India. In January 2006 ByCell formed a joint venture agreement with Hyderabad-based Jayalakshmi Group own Bitcorp Private Limited (the local partner) for ByCell-India and also received the FIPB approval. The Swiss Telecom Venture ByCell holds a 74 per cent stake in an Indian telecom company floated jointly with Jayalakshmi Group

18
Leave a Reply

avatar
18 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
15 Comment authors
TestRifazDUANErajievAvi H Recent comment authors
newest oldest most voted
Test

@Rifaz

Yes, you are right. Why this much operators for us ? Most of them will sell the company after some years like Escotel,BPL etc etc.

Rifaz
Rifaz

Kitne gsm operators ayega bus kariyo?

Recent Posts

Bharti Airtel Rs 100 and Rs 500 Talk Time Recharges are Back Again for Prepaid Users

The removal of talk time recharges from Vodafone Idea’s and Bharti Airtel’s portfolio was met with hostility by the subscribers....

BSNL Revises Rs 98 Prepaid Plan, Now Offers 2GB Daily Data and Eros Now Subscription

After reducing the validity of two voice-only prepaid plans of Rs 99 and Rs 319, BSNL has now revised its...

GTPL Hathway Added 11,000 Broadband Subscribers During Q3 FY19

GTPL Hathway has released its Q3 FY19 earnings report. The cable and broadband service provider revealed that its consolidated EBITDA...