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SC judgement brought clarity: Sibal
IBNS
 

New Delhi, Feb 2: Telecom Minister Kapil Sibal said on Thursday that the central government 'welcomes' the judgement of the Supreme Court by which the apex court scrapped 2G spectrum licences of 122 mobile networks granted during the tenure of A Raja as the telecom minister since early 2008.

Sibal said that the judgement given by the Supreme Court on Thursday brought 'clarity' in the issue.

"We believe, nation has gone through a period of uncertainty...We welcome the judgement. The Supreme Court judgement has brought clarity," Sibal said.

He said: "We await recommendations of the TRAI ( Telecom Regulatory Authority of India) and we will proceed with court’s directions."

Sibal said that Prime Minister Manmohan Singh and former Union Finance Minister P Chidambaram were not responsible for the scam.

"The Prime Minister and the then Finance Minister then (Chidambaram) were in no way responsible for whatever happened," he said.

He said: "The telecom policy was initiated by the Bharatiya Janata Party-led NDA(National Democratic Alliance) government and followed by the UPA (United Progressive Alliance)."

In a historic judgement that is likely to send shiver down the spine of some giant corporates, the Supreme Court on Thursday scrapped 2G spectrum licences of 122 mobile networks granted during the tenure of A Raja as the telecom minister since early 2008.

The apex court said the Telecom Regulatory Authority in India (TRAI) must ensure issuance of fresh licences.

The court gave four months to cancel the licences and issue fresh ones by auction.

Penalties have been imposed too.

Uninor has to pay a penalty of Rs 5 crore while Swan Telecom and Tata Telecom will also have to pay the same, media reports said. Loop, S-Tel, Allianz and Sistema Shyam have been fined Rs 50 lakh each.

The licences cancelled by the Supreme Court include 22 of Uninor, 21 of Videocon, 9 of Idea, 21 of Loop, 6 of S-Tel, 21 of Sistema, 3 of Tata, 13 of Swan and 2o of Allianz, reports said.

 
 
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SC judgement brought clarity: Sibal
IBNS, 2/2/12
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New Delhi, Feb 2: Telecom Minister Kapil Sibal said on Thursday that the central government 'welcomes' the judgement of the Supreme Court by which the apex court scrapped 2G spectrum licences of 122 mobile networks granted during the tenure of A Raja as the telecom minister since early 2008.

Sibal said that the judgement given by the Supreme Court on Thursday brought 'clarity' in the issue.

"We believe, nation has gone through a period of uncertainty...We welcome the judgement. The Supreme Court judgement has brought clarity," Sibal said.

He said: "We await recommendations of the TRAI ( Telecom Regulatory Authority of India) and we will proceed with court’s directions."

Sibal said that Prime Minister Manmohan Singh and former Union Finance Minister P Chidambaram were not responsible for the scam.

"The Prime Minister and the then Finance Minister then (Chidambaram) were in no way responsible for whatever happened," he said.

He said: "The telecom policy was initiated by the Bharatiya Janata Party-led NDA(National Democratic Alliance) government and followed by the UPA (United Progressive Alliance)."

In a historic judgement that is likely to send shiver down the spine of some giant corporates, the Supreme Court on Thursday scrapped 2G spectrum licences of 122 mobile networks granted during the tenure of A Raja as the telecom minister since early 2008.

The apex court said the Telecom Regulatory Authority in India (TRAI) must ensure issuance of fresh licences.

The court gave four months to cancel the licences and issue fresh ones by auction.

Penalties have been imposed too.

Uninor has to pay a penalty of Rs 5 crore while Swan Telecom and Tata Telecom will also have to pay the same, media reports said. Loop, S-Tel, Allianz and Sistema Shyam have been fined Rs 50 lakh each.

The licences cancelled by the Supreme Court include 22 of Uninor, 21 of Videocon, 9 of Idea, 21 of Loop, 6 of S-Tel, 21 of Sistema, 3 of Tata, 13 of Swan and 2o of Allianz, reports said.
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