2G LICENCE

  • Tata was first in line but RCom got 2G licence, Radia tells court May 28, 2013

    New Delhi: Former corporate lobbyist Nira Radia appeared in a Delhi court on Tuesday as a key prosecution witness in the 2G spectrum case. In her deposition, Radia said that although Tata was first in line for 2G licences for the Delhi circle, the company did not win the bid. Radia...
  • Govt to begin 2G telecom spectrum auction today November 12, 2012

    New Delhi: The government will begin on Monday the auction for telecom spectrum through which it is hoping to meet Rs 40,000 crore revenue target. The auction for the airwaves or frequencies freed from the cancellation of 122 telecom licenses, belonging to mainly eight companies, by the Supreme Court in...
  • Government playing with orders on 2G auction: SC November 10, 2012

    New Delhi: The Supreme Court on Friday pulled up the union government for not implementing its order directing auctioning of 122 cancelled 2G licences in both letter and spirit and going in for a truncated auction. "Prima facie we can say you are not complying with the court orders. You...
  • 2G: Unitech to reply to Telenor's plea of Rs 6,400 crore indemnity October 9, 2012

    New Delhi: The Delhi High Court will begin hearing Telenor's plea seeking Rs 6400 crore as indemnity from Unitech on Tuesday for losses incurred after following the cancellation of their joint venture Uninor's 2G spectrum licenses. Unitech is expected to respond in the apex court on Tuesday. Telenor, which also sought...
  • Govt to refund telcos whose licences were cancelled October 8, 2012

    New Delhi: An Empowered Group of Ministers on Monday decided to refund licence fee of companies whose telecom licences stand cancelled but have no criminal charge against them. The EGoM, headed by Finance Minister P Chidambaram, also decided to recommend to the Cabinet a one-time fee on existing telecom operators for...
  • 2G: Russia ups the ante on Sistema licence cancellation July 21, 2012

    The Russian Ambassador to India has warned that if Sistema, which has a joint venture with Shyam TeleServices, is not allowed to do business in India, then Indian investments in Russia may be hit. ...
  • India frustrations send some foreign firms packing June 8, 2012

    New Delhi/Mumbai: Frustrated by a lack of opportunities in India, Germany's Fraport, the world's No 2 airport operator, is shutting its development office in the country, the latest in a growing list of companies exiting Asia's thirdlargest economy. Regulatory uncertainty and policy gridlock have battered foreign corporate sentiment towards India, adding...
  • Loop Telecom seeks compensation for cancelled 2G licence May 29, 2012

    Loop Telecom moved the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) on Tuesday for compensation for its cancelled 2G licence. ...
  • 2G fallout: Norway warns India over Telenor May 13, 2012

    New Delhi: Norway has issued a warning to India saying there could be political implications if telecom company Telenor is forced to move out because of the Supreme Court's scrapping of 2G licences and TRAI's recommendations on a fresh auction. Trond Giske, Norway Trade Minister, said, "This situation of license withdrawal...
  • 2G: SC allows govt to withdraw its review plea May 10, 2012

    New Delhi: The Supreme Court on Thursday allowed the government to withdraw its petition seeking review of the 2G judgement after rapping it for circulating a letter on its intention to various parties linked to the matter. The apex court granted withdrawal of the review petition on the "oral request" made...
  • 2G: SC gives new deadline for licence auction April 24, 2012

    New Delhi: The Supreme Court on Tuesday extended time till August 31 for the auction and grant of fresh licences in connection with the 2G spectrum allocation case. The apex court told the Central government that they could not be given much time. "We cannot give you 400 days for sanctioning...
  • Optimistic about solution to 2G issues: Uninor April 22, 2012

    Hyderabad: Uninor on Saturday said it is optimistic that a solution to the 2G spectrum issues will be found even as the company has initiated search for a new Indian partner for setting up a new entity. "We see there will be a clarity on 2G spectrum auction process before...
  • Prez signs reference seeking clarity on 2G verdict April 12, 2012

    New Delhi: President Pratibha Patil has signed the reference on 2G seeking clarity on the Supreme Court's verdict. This comes after the Supreme Court refused to review its decision on cancellation of the 2G licenses. The government wants to know if the 2G licences allotted during the NDA regime will...
  • 2G: Cabinet approves Presidential Reference to SC April 10, 2012

    New Delhi: The government on Tuesday agreed to issue a Presidential reference to the Supreme Court on the apex court's order cancelling 122 2G telecom licences. "The proposal for Presidential reference has been cleared," Information and Broadcasting Minister Ambika Soni said after the meeting of the Cabinet. The Department of Telecom feels...
  • 2G scam: SC likely to decide on review pleas April 4, 2012

    New Delhi: The Supreme Court is likely to take a decision on the review petitions filed by the government and seven telecom companies against its order. The apex court had cancelled 122 2G Spectrum licenses on February 2 granted by former Telecom Minister A Raja and had held that the...
  • Kudankulum, Sistema figures in MedvedevSingh talks March 29, 2012

    New Delhi: Seeking to address concerns in Russia over cancellation of 2G licence involving telecom company Sistema, Prime Minister Manmohan Singh on Thursday assured President Dmitry Medvedev that the Government is making efforts to ensure safety of foreign investments in the country. Singh and Medvedev reviewed the progress of Russiabuilt Kudankulam...
  • Telenor seeks compensation from India March 27, 2012

    New Delhi: Norway's Telenor ASA, whose India joint venture is among companies that are set to lose their telecoms licences, on Tuesday said it sought to claim compensation for all investment, guarantees and damages from the Indian government. An earlier report had claimed that the Norwegian company had served a notice...
  • TRAI not is favour of exit policy for telcos March 26, 2012

    New Delhi: The Telecom Regulatory Authority of India (TRAI) on Monday said companies exiting the telecommunication sector need not to be refunded their entry fee and a separate policy to help them move out is not necessary. "There is no need for a separate exit policy and that the entry fee...
  • Cabinet defers decision on 2G Presidential reference March 10, 2012

    New Delhi: The Union Cabinet on Saturday deferred a decision on a proposal to make a Presidential reference on the Supreme Court's order on 2G licences regarding auction of natural resources. Sources said it was decided at the meeting to call the Solicitor General...
  • 2G fallout: Etisalat DB hearing in HC today March 5, 2012

    New Delhi: The Etisalat DB and TDSAT will come up for hearing on Monday in the Delhi High Court. Telecom tribunal TDSAT issued a notice to Etisalat DB on Reliance Infratel's plea seeking to recover Rs 1,200 crore from the operator which had taken its telecom infrastructure on lease. A TDSAT...
  • Govt not to challenge SC order on 2G licences February 27, 2012

    New Delhi: The Government will not challenge the Supreme Court order cancelling 122 new 2G licences, but the Government is trying to buy time on June deadline of auctioning of cancelled licences through a Presidential refrence under Article 143, said sources. The sources also said that the Presidential refrence is an...
  • Ministers discuss impact of SC order on licences February 24, 2012

    New Delhi: An informal group of ministers, that include Finance Minister Pranab Mukherjee and Telecom Minister Kapil Sibal, on Friday met for the second time in as many weeks to discuss fallout of the Supreme Court order quashing 122 telecom licences. The meeting, also attended by Planning Commission Deputy Chairman Montek...
  • 2G: Telenor seeks compensation from Unitech February 16, 2012

    New Delhi: Telenor Group is seeking indemnities from Unitech and a new local partner, reports CNBCTV18's Siddharth Zarabi. There is no mention of the warranty claims or the amount that is sought as compensation. The press release talks about the share purchase agreement, share subscription agreement, at the time, when Telenor...
  • 'Cancelling 2G licences was not a difficult decision' February 8, 2012

    Nearly a week since the Supreme Court cancelled 122 telecom licences, Justice Ganguly the man who passed the landmark order has spoken out. In an exclusive interview to CNNIBN, he says he was under no pressure, and courts don't need to protect foreign interests. ...
  • 2G verdict: Tatas to file review petition in SC February 6, 2012

    New Delhi: Aggrieved by cancellation of its three licences by the Supreme Court, Tata Teleservices on Monday said it will file a review petition against the order as the company had applied for these licences more than 18 months before the 2008 licensing process began. TTL's three licences for Assam, NorthEast...
  • 2G auction should be among new operators: Uninor February 6, 2012

    New Delhi: New operator Uninor, a joint venture between Telenor of Norway and Unitech, on Monday said the company will participate in 2G spectrum auction but did not rule out exit option from the Indian market. "In principle we will go for auction but I am not saying that whether we...
  • TRAI begins process for 2G spectrum auction February 3, 2012

    New Delhi: Following the Supreme Court order, telecom regulator TRAI on Friday started the process of auction of 2G spectrum and issued a preconsultation paper on the same seeking views of all stakeholders. The apex court, in its verdict on Thursday, had asked TRAI to adhere to the central government's focus...
  • Sibal blames A Raja, NDA for 2G spectrum scam February 2, 2012

    New Delhi: Telecom Minister Kapil Sibal on Thursday defended the government in the 2G spectrum scam and blamed the telecom policy brought by the NDA government in 2003 and followed by former telecom minister A Raja for the loss to the exchequer. "The court has indicted the 'first come first...
  • SC order on 2G licences excellent: Arun Shourie February 2, 2012

    Former telecom minister Arun Shourie welcome the court's order of cancelling all 122 2G licences. ...
  • Tata, RCom 2G war: who benefited from Raja? February 15, 2011

    New Delhi: A major slugfest is on between two leading corporate houses over who should have got licenses. Tata says its surprising how Reliance Infocomm won licences out of turn. Reliance has hit back it has called the Tata bid suspicious. Indias two corporate giants are fighting out a very...