Saturday, February 18, 2012

Loop, Etisalat, Unitech, S Tel, Sistema & Videocon demand two stage spectrum actions

All mobile phone companies, whose licences were cancelled by the Supreme Court earlier this month, have demanded that the upcoming auctions for 2G airwaves be split into two rounds, with different base prices. Companies such as Videocon, Sistema, S Tel, Uninor, Loop and Etisalat DB amongst others, have demanded that sector regulator Trai allow only those players whose licenses were quashed by the apex court, or other new entrants who want to enter the telecoms sector in India, to participate in the fist stage of the bidding process, which is for start-up spectrums. These companies have said that incumbents such as Bharti Airtel and Vodafone must only be allowed in the second phase, which would be for additional airwaves. The Supreme Court in its February 2 order had directed that the 122 revoked licences be reassigned in four months through an auction process.
Source: Economic Times

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