Supreme Court yet to decide on telecom license plea

By March 31st, 2015 AT 8:59 PM

supreme courtThe trial on the extension of telecom licenses to use 900MHz spectrum was held today at Supreme Court. However, the court reserved its decision on the same to a later date.

The verdict will decide if prominent telecom service providers, including Bharti Airtel Ltd, Vodafone India, Idea Cellular and Reliance Telecom will receive a 10 year extension to their existing licenses, which will come to an end by December 2015.

The telecom players submitted the plea for extension by the earlier National Telecom Policy but was rejected by the Department of Telecommunications (DoT) saying that the policy was amended in 2012. Claiming the current MNP situation as ‘unworkable’ and ‘unmanageable’, the telecom players said that a license extension would help them to offer services without any disruptions.

Also read: Circle wise provisional results of spectrum auction 2015

Nevertheless, the Government argued that the licenses are in possession of these telecom giants for past 20 years and they are earning trillions from the same. According to the data submitted by Solicitor General Ranjit Kumar, Bharati Airtel has earned an approximate of Rs. 4.6 trillion, while Vodafone India has earned Rs. 2.85 trillion. Idea Cellular and Reliance stays a little lower, at Rs. 1.76 trillion and Rs. 1.4 trillion respectively.

Leave a Reply

Photo and Image Files
1 Comment threads
0 Thread replies
Most reacted comment
Hottest comment thread
1 Comment authors
Hari Recent comment authors
newest oldest most voted

Greedy companies. Why can’t they participate in auction. They all earned trillions

Recent Posts

Xiaomi Mi LED TV 4A Pro 43-inch Review: Android TV, Chromecast and Much More on Budget

Xiaomi’s products have taken the Indian market by storm. When it comes to smartphones, there is no other company which...

Huawei Mate X Foldable Phone to Reach Indian Market by the End of 2019

Premium smartphone maker Huawei on Wednesday said it would launch its foldable 5G smartphone ‘Mate X‘ in India in 2019....

Xiaomi Redmi Note 7 Pro, Redmi Note 7 MIUI Beta Testing Programme Announced in India

The Xiaomi Redmi Note 7 and the Redmi Note 7 Pro was launched in India last month. Both the phones...