STel to Sell Movable Assets from All Circles before Leaving the Sector

STel, the telecom venture of Shiva Group is all way to move out from the telecom business sector of the country, as it is going to sell out its movable telecom assets via an auction procedure.

STel was one of the new telecom operators who was granted licenses in 2008. STel was a regional player with commercial 2G services available in Orissa, Bihar and Jharkhand, Himachal Pradesh, Assam and North East circles. In 2010 it won 3G licences in 3 circles also – Orissa, Bihar and Jharkhand, Himachal Pradesh. But in February 2012 Supreme Court of India cancelled 122 licences issued in 2008 including STel’s 2G licenses in 6 circles.


STel’s foreign investor BaTelco sold its stake to Skycity Foundation. Without 2G services STel could not roll out 3G services. And STel did not participate in any of the spectrum auction thereafter.

STel appointed IDBI Trusteeshop Services Ltd to conduct auction process for sale of movable assets of the company in the telecom infrastructure sites of Bharti Infratel Ltd and Viom Networks Ltd.

Last date for submission of expression of interest with EMD, prior to inspection of assets is 30th October, 2013. Last date for submission of bids and date opening of bid are 06th and 09th December, 2013 respectively.

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13 Comments on "STel to Sell Movable Assets from All Circles before Leaving the Sector"


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Nishant Acharya
May 17, 2015 12:23 pm 12:23 PM

Aircel can buy 3g spectrum from STEL for Himachal Pradesh. STEL has still 3g spectrum in 2100 MHZ band for Himachal.
and STEL want to sell it.

November 22, 2014 8:41 am 8:41 AM

what happened to the security deposits taken from the channel partners?Can any body answer?

April 2, 2014 4:41 pm 4:41 PM

The Supreme court has cancelled the license of stel telecom but honourable supreme court should not think for the small people who are business with them.the remailer and the distributors still haven’t got the security deposit money. I m also a distributor of stel of barpeta,Assam,unfortunately i m still waiting for the ssecurity

April 2, 2014 4:54 pm 4:54 PM

The small business man are the victim people for the cancellation of 2G license of stel.there security deposits are became block by the company,i m also a victim people, the supreme court should be think for us.what should we now for the release of our money?

November 22, 2014 8:43 am 8:43 AM

Are u still waiting?

January 8, 2014 1:40 am 1:40 AM
The very important thing relating to spectrum is not how much they can hold but how much they can make money from it by maximizing customer data base ,but according to the company mentioned here already shut down ,or they stopped all there operations in india and their pair also exited.So actually there is no need for them to hold this permit and they can’t even use it too.So the watch dog of government in telecom industry in india must initiate a circular that 3g and 4g can only be operated by those who already survied in this industry atleast… Read more »
January 16, 2014 8:44 pm 8:44 PM

Very Excellent Thought and Opinion Why should gov: doesn’t think like Mr: Sathessh.

October 25, 2013 2:17 pm 2:17 PM

Good. STel was a complete waste of spectrum. India needs 5 – 6 nationwide operators max. Any more will just result in no one getting enough spectrum to run decent services.

October 25, 2013 10:46 am 10:46 AM

Is the government refunding their 3G spectrum money and taking back 15MHz of precious spectrum in 2100MHz band?

October 25, 2013 1:50 pm 1:50 PM

Gov is not taking back the spectrum or allow it to sell it. Stel already send letter to PM months ago asking for refund.

October 25, 2013 8:30 am 8:30 AM

Umm, their 3g spectrum???? Wasting spectrum is not at all a good thing. AVOID group is seriously in need of additional spectrum to go pan India. And if S tel spectrum is sold, i consider only AVOID group capable of purchasing it.

Now there’s is telco named aircel that has shutdown its services in kerela and wasting spectrum there. Why isn’t TRAI looking into this matter?

October 25, 2013 8:04 am 8:04 AM

What about there 3G spectrum?

October 25, 2013 7:51 am 7:51 AM

Its Good……………….May some serious Player buy and Use these infra…..


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