Moneycontrol
Apr 04, 2012 11:10 PM IST | Source: CNBC-TV18

SC's dismissal to hit telcos; extending deadline only hope

Romal Shetty, head, telecom, KPMG, said that the dismissal of the review petitions by the Supreme Court did not mean that the telecom companies would be greatly impacted and added that an extension of the auction


Romal Shetty, head, telecom, KPMG, told CNBC-TV18 that the dismissal of the review petitions by the Supreme Court did not mean that the telecom companies would be greatly impacted. Shetty explained that the extension of the deadline till the auction on June 2 was the hope that the companies could look forward to.


Senior journalist Paranjoy Guha Thakurta told CNBC-TV18 that the Supreme Court stuck to its position, as the entire system of awarding licences bundled with spectrum was flawed.

Q: What is your opinion on the Supreme Court

Follow us on
Available On