Revoked telecom permit holders ordered to stop India operations

Image
Reuters Delhi, India
Last Updated : Feb 15 2013 | 12:30 PM IST

NEW DELHI (Reuters) - Mobile phone carriers in India whose permits were revoked last year must stop operations immediately unless they have won new rights to airwaves, the country's Supreme Court ruled on Friday according to three lawyers on the case.

The court last year ordered 122 permits held by eight carriers including the Indian units of Russia's Sistema and Norway's Telenor ASA , as well as India-based Idea Cellular Ld and Tata Teleservices to be revoked after a massive scandal over the permits sale process in 2008.

At least three of the firms that had their permits revoked, including the Indian affiliate of Emirates Telecommunication Corp Ltd , have ceased operations since the court order, while others like Telenor and Idea Cellular bought airwaves in the November auction.

Sistema Shyam TeleServices said in a statement that the court will issue a separate order about its case but declined to give further details.

Sistema Shyam is set to lose all but one of its operating permits, although it has the option to bid for airwaves in an auction scheduled next month. It did not bid for airwaves in the November auction, saying the prices were too high.

Telenor is still operating in the lucrative Mumbai zone although its permit was revoked and has said it may decide to bid in a March auction for airwaves in the Mumbai zone.

(Reporting by Suchitra Mohanty; Writing by Devidutta Tripathy; Editing by Edwina Gibbs)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Feb 15 2013 | 12:10 PM IST

Next Story