Feb 20, 2013, 11.00 AM | Source: Tech2.com
Sistema Shyam Teleservices (SSTL) has requested the Department of Telecommunications (DoT) for a temporary licence so it can continue to operate till the new spectrum auction is held next month.
Sistema Shyam Teleservices (SSTL) has requested the Department of Telecommunications (DoT) for a temporary licence so it can continue to operate till the new spectrum auction is held next month. The telecom operator had lost its 2G spectrum licence last year following the Supreme Court’s orders.According to the Supreme Court’s order dated February 2, 2012, SSTL’s existing licence was cancelled, forcing it to end operations. The new spectrum auction is set to be held on March 11. Sistema Shyam is a joint venture between Russian conglomerate Sistema and Shyam Group from India.SSTL, in its letter to the DoT, said that in the event of any negative order from the Supreme Court, it would request the department to grant it temporary licences till such time the auction process is completed and spectrum along with new licences are issued to SSTL. According to the Telecom Regulatory Authority of India (TRAI), SSTL had over 1.26 crore customers in 21 service areas that will be impacted by the Apex court’s orders.
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