The apex court today extended the deadline for conducting auctions of the spectrum freed due to cancellation of 122 licenses, to August 31 from June 2 and allowed the operators to continue offering their services till September 7.
"The said order comes as a huge relief to our customers, employees, investors and all members of the telecom ecosystem who are both directly and indirectly associated with SSTL," a Sistema Shyam Teleservices (SSTL) spokesperson said.
The Supreme Court (SC) in its February 2 order had quashed 122 mobile licences terming them illegal and given four months time to the government to conduct fresh auctions.
"We welcome the fact that the court has ensured speedy auctions and allowed our operations to continue till such time," Uninor said in a statement.
The operators, however, said the government needs to speed up the spectrum auction process and also review the recommendations given by sectoral regulator Trai yesterday.
"August 31 also means that government must move fast to review some of the recommendations that are otherwise certain to have a catastrophic impact on the industry and on tariffs for the common man. Issues on which there is already an industry consensus can be resolved very quickly," Uninor said.
The GSM operators association COAI, however, said it is only a short term reprieve and not a solution to the problem. PTI KIR PRS ANZ TVS
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
