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No GSM applicant in second spectrum sale

Discussion in 'World Economy' started by Steel, Feb 25, 2013.

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  1. Steel

    Steel Lieutenant SENIOR MEMBER

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    [​IMG]

    The second round of 2G spectrum sales is virtually set to be a flop show as there is no applicant for GSM band of radiowaves while Sistema Shyam is the only firm for CDMA band at close of deadline on Monday for applying to take part in the auction.

    While no application was received for the GSM band spectrum at the close of deadline today, Russian Sistema’s Indian joint venture, Sistema Shyam Teleservices (SSTL) was the lone applicant for the 800 Mhz CDMA-band airwaves.

    Government plans to conduct auction for spectrum unsold in November auction along with spectrum that is held by operators whose licences are due for renewal in 2014.

    “No application was received for the second round of 2G GSM spectrum till the official declared time of 5:00 pm today, while SSTL was the lone applicant in the CDMA spectrum auction,â€￾ sources said.

    The government has announced it will auction 15 MHz of radio waves each in Delhi and Mumbai in the 1800 Mhz band, currently used for 2G GSM services, as against 4.4 Mhz and 13.2 Mhz respectively released in these circles through quashed permits.

    The Supreme Court in its February last year had cancelled 122 2G telecom licences. The government in November held auction for sale of partial spectrum vacated by these companies. However, there was no bidder for CDMA spectrum and GSM band radiowaves in four circles as operators said the reserve price was too stiff.

    Though 514.8 Mhz of spectrum was freed up as a result of the cancellation of licences, the government put up only 271.25 Mhz of spectrum for auction in November 2012.

    The Hindu : Business / Industry : No GSM applicant in second spectrum sale
     
  2. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    They want to sell 2G in the ending era of 3G
    when the world is preparing for 4G
     
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  3. vstol jockey

    vstol jockey Colonel MILITARY STRATEGIST

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    A thief never returns the goods stolen, a bribe once given is never returned. khan-grass game was to kill this auction to say that CAG was wrong and they have done it.
    Pls tell me who will buy an Ambassador car today when you have Audi available for slightly higher price. Every product has a life cycle of its own which also has a maturity level and it dies out after that date, gets expired. same is the case with 2G spectrum. It had value when khan-grass made profits out of it and now in 4G era, you can't sell old stuff.

    So what does it mean, It means another 4G scam in the offing. The four Gs will be, Sonia G, Rahul G, Priyanka G and Daamad G.
     
    Last edited: Feb 25, 2013
  4. Marqueur

    Marqueur Peaceful Silence ELITE MEMBER

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    ye saale telecom ke he pichhe kyu pade hai ...
     
  5. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Paisa mere bhai, paisa
     
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