TRAI to release new guidelines for telecom firms

TRAI to release new guidelines for telecom firmsThe Telecom Regulatory Authority of India (TRAI) is set to release new guidelines for telecom service providers in the country, who suddenly lost their operating 2G licenses after the country’s apex court announced its decision to scrap their validity.

The Supreme Court of India had scrapped the validity of all 122-spectrum licenses that were granted to firms during the former communications minister A Raja’s time in office.

The court cancelled all the licenses on the ground they were issued in a “totally arbitrary and unconstitutional” manner. It also imposed a fine on three telecom companies that offloaded their shares after getting the licenses.

The court had also directed TRAI to make special recommendations on allocation of 2G licenses. The bench comprising bench comprising justices G S Singhvi and A K Ganguly has asked the government to take steps on recommendations of TRAI and has said that new auction will take place in four months.

Uninor which is a joint venture between Unitech and Telenor of Norway, Loop Telecom, Sistema Shyam that is a joint venture between Shyam and Sistema of Russia, Etisalat DB, which is a joint venture between Swan and Etisalat of UAE, S Tel, Videocon, Tatas and Idea are among the telecom service providers that lost their telecom licenses.