SC cancels 122 2G licenses; Asks for fresh allocation within 4 months |
 Supreme Court today cancelled 122 licenses of 2-G spectrum allocated to telecom companies in 2008. The apex court held that the licenses were granted in an arbitrary and unconstitutional manner and asked the telecom Regulatory Authority of India to make fresh recommendation on the grant of these licenses. The Court imposed a fine of five crore rupees each for three telecom companies, which off – loaded their shares after getting the licenses. It maintained that the allocation of spectrum will be done through auction within four months. The order came on petitions filed by an NGO and the Janata Party President,Subramaniam Swami. The highest court of the country left it to the trial court to decide on the demand for investigation of alleged role of Home Minister.It also directed the CBI to file status reports on its ongoing probes into 2G spectrum allocation case to the Central Vigilance Commission. Special CBI judge O P Saini who is hearing a separate petition of Dr.Subramanian Swamy to prosecute Mr.Chidambaram has already reserved its order for Saturday. A two member bench of the court maintained that its order should in no way influence the proceedings before the trial court. The Apex court asked the trial court to decide the matter within two weeks. The Court refused to appoint an SIT for further probe in 2G spectrum scam but sought the assistance of Central Vigilance Commission to help it monitor the investigation. |
TRAI: Don’t see much impact on customer |
 The Telecom Regulatory Authority of India, TRAI today said there will not be much impact on subscribers due to cancellation of 122 2G licenses of eight companies, as around 95 per cent of total subscribers belong to operators which got licences before January 2008.
Talking to reporters in New Delhi today TRAI Chairman J S Sarma said that subscribers have the option to port out using mobile number portability. Mr. Sarma said that TRAI is yet to study the judgement and details can be given only after the regulator completes the study of court verdict. |
Govt to give preference to domestically manufactured electronic products |
 The government has decided to give preference to domestically manufactured electronic products which have security implications for the country, while procuring them. This is consistent with country’s world trade organisation commitments. The decision was taken in the cabinet meeting held this evening.
A cabinet release said that the proposal will be carried forward in consistence to the country’s commitment to the World Trade Organization (WTO). |
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