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UPA humbled: 9 implications of SC judgement on 2G licences

The Supreme Court’s decision to cancel all the 122 telecom licences issued by jailed former Communications Minister Andimuthu Raja on 10 January 2008 will have wide ramifications.

February 02, 2012 / 02:08 PM IST

R Jagannathan


The Supreme Court's decision to cancel all the 122 telecom licences issued by jailed former Communications Minister Andimuthu Raja on 10 January 2008 will have wide ramifications.


However, the affected licensees have been given a four-month window in which to negotiate with the government on renewing the licences by paying market-based prices for spectrum. The government will have to work out the modalities for this repurchase of spectrum.

Read the whole story here.

first published: Feb 2, 2012 02:05 pm

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