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Budget 2021

Associate Partners:

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Idea-Spice, a dead network; will challenge HC order: CEO

Reacting to Delhi HC fining Idea Cellular, Himanshu Kapania, CEO, told CNBC-TV18 that the company will revert to DoT regarding the overlapping Spice licenses. Clarifying the matter, he said that the overlapping licenses were not non-operational and had no subscribers as of today.

July 04, 2011 / 10:17 PM IST
 
 
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Idea Cellular desperately needs some real good ideas to pull it out of the puddle it has fallen into. The Delhi High Court today slapped a fine of Rs 1 crore on the telecom major for not furnishing correct data on its merger with Spice telecom. Accordingly, the six telecom licences of Spice Communications would not be transferred to Idea, said a report 


Reacting to the issue, Himanshu Kapania, CEO of Idea Cellular told CNBC-TV18 that the company will revert to DoT regarding the overlapping Spice licenses. Clarifying the matter, he said that the overlapping licenses were not non-operational and had no subscribers as of today.

first published: Jul 4, 2011 10:07 pm

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