Moneycontrol » News » CNBC-TV18 Comments

DoT not clear If CDMA spectrum should be cancelled: Sources

Published on Thu, Feb 09, 2012 at 21:12 |  Source : CNBC-TV18

Updated at Fri, Feb 10, 2012 at 17:47  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Malvika Jain, CNBC-TV18

Excerpts from What's Hot on CNBC-TV18 Watch the full show ยป

The Supreme Court's 2G licence cancellation verdict has thrown up another googly. The Department of Telecom or the DoT is not sure if it should cancel the CDMA spectrum allotted to companies. CNBC-TV18's Malvika Jain reports.

The Supreme Court this morning cancelled 122 telecom licenses issued by A Raja in 2008, a decision that will trigger powerful changes in the telecom sector, and eventually in how much India pays for cell-phone services.

Sistema Shyam is the only CDMA company, which was allotted spectrum after January 2008. It was allotted 4 Mhz in 21 circles. Sources say the DoT is not clear if the CDMA spectrum should be auctioned. There is no shortage of CDMA spectrum per se, so the case if different from other GSM telcos.

Sistema Shyam was allotted original license in the mid-90s.

Sistema, which acquired Shyam Telelink in 2007, began free voice and SMS within its network today.

  

Trending News

Business News

Timeline: Anonymous hackers in India
IT dept freezes Kingfisher Airlines' bank a/c, again "IT dept freezes Kingfisher Airlines' bank a/c, again"

Team Anna sticks to claims as PM hits back strongly

Aurobindo Pharma Q4 Cons Forex Gain At `103 Cr

The latest earning numbers FIRST on CNBC-TV18
Videos

May 29 2012, 12:19

Expect Tata Motors Q4 PAT at Rs 4200 cr: StanChart

- in Brokerage Results Estimates

Interviews

May 29 2012, 22:37 | Source: CNBC-TV18

Due diligence not applied in Reebok 2010 probe: Assocham  

May 29 2012, 17:34 | Source: CNBC-TV18

Will raise Rs 250cr via ECB route next year: Hind Copper  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!