Supreme Court allows more time for revoked telecom licences

NEW DELHI Mon Jan 14, 2013 4:49pm IST

A view of the Supreme Court building is seen in New Delhi December 7, 2010. REUTERS/B Mathur/Files

A view of the Supreme Court building is seen in New Delhi December 7, 2010.

Credit: Reuters/B Mathur/Files

Related Topics

Stocks

   

NEW DELHI (Reuters) - Supreme Court allowed on Monday mobile phone carriers, whose permits were due to be revoked this week as per an earlier court order, to continue services until it hears the case next on February 4, a lawyer on the case said.

The telecommunications ministry had argued before the court that allowing the carriers to operate until the next airwave auction, due in March, will help generate more interest in the auction after the government failed to sell all available spectrum in an auction last November.

Monday's court order will help Russian conglomerate Sistema's (SSAq.L) Indian unit to continue operations beyond a January 18 deadline in the 21 services areas where its permits are to be revoked. It would also allow Telenor's (TEL.OL) Indian unit to continue services in Mumbai.

(Reporting by Devidutta Tripathy; Editing by Jijo Jacob)

FILED UNDER:

Politics

REUTERS SHOWCASE

Fund Raising

Fund Raising

Flipkart raises $700 million in fresh funding.   Full Article 

Reforms Push

Reforms Push

Modi may order insurance, coal reforms if vote delayed - officials.  Full Article 

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

Hacking Attack

Hacking Attack

N.Korea says did not hack Sony, wants joint probe with U.S.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage