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:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Markets

REUTERS SHOWCASE

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Commodities

Commodities

Gold imports, premiums to jump on festive demand - top refiner  Full Article 

Economic Worries

Economic Worries

Pakistan's promises to IMF in doubt as protests sap economy   Full Article 

Islamic Finance

Islamic Finance

Basel III deposit challenge looms over Islamic banks   Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Reuters India Mobile

Reuters India Mobile

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