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Insolvent companies could lose spectrum under the new Telecom Bill

Spectrum assigned to the insolvent company will revert to government control in case it fails to comply with these conditions

Topics
telecom services | Insolvency and Bankruptcy Code | Telecom spectrum

Aneesh Phadnis  |  Mumbai 



Telecom sector
'The draft bill implies that ownership of spectrum remains with the government, and value of spectrum cannot be sold by creditors under the Insolvency and Bankruptcy Code'

Insolvent telecom that do not meet government conditions could lose spectrum under the proposed telecom Bill but some experts suggested that its sections need to align with (IBC).

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First Published: Thu, September 22 2022. 21:41 IST

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