Uninor to file interim application in Supreme CourtMay 1st, 2012 - 7:24 pm ICT by IANS
New Delhi, May 1 (IANS) Uninor will file an interim application in the Supreme Court to bring to the apex court’s attention its plea against the recommendations of the telecom regulator on spectrum auction.
“Today (Tuesday), we sought the Hon’ble Supreme Court’s permission to file an interim application… The court has allowed us to file an application and stated that it is open to hearing our arguments,” the company said in a statement.
The firm has argued that the recommendations of the Telecom Regulatory Authority of India (TRAI) are not in line with the order of the Supreme Court.
On Feb 2, the apex court cancelled 122 telecom licences including 22 of Uninor — a joint venture between India’s Unitech and Norway-based Telenor. The apex court also asked the government to re-distribute the licences through auction process.
The Telecom Regulatory Authority of India (TRAI) in its recommendation for auction has now proposed a reserve price of Rs 3,622 crore per megahertz of spectrum at the pan-India level. This is around 10 times higher than the price for 2G licences in 2008.
In a joint letter with four other firms — Bharti Airtel, Idea Cellular, Vodafone and Videocon, Uninor has also urged Communications Minister Kapil Sibal not to accept TRAI’s recommendation or else the call tariffs would shoot up by 25-30 percent.
Norwegian firm Telenor, which Monday wrote-off its remaining assets in India worth $680 million owing to the “increased uncertainty” in the country’s telecom sector, has also said that if the proposals are accepted then it might have to shut down its Indian operators.
Uninor has over 40 million subscribers across the country.
- Telenor writes down remaining Indian assets worth $680 mn - Apr 30, 2012
- Telecom shares plunge on 2G spectrum price hike move - Apr 24, 2012
- Telenor confident of roping in new partner before auction - May 31, 2012
- Government for extending 2G auction deadline to November (Lead) - Aug 07, 2012
- Telenor's India unit posts $806mn quarterly loss - May 08, 2012
- Telenor, Unitech move Company Law Board to protect interests (Lead) - Feb 27, 2012
- Operators relieved as service closure deadline extended - Apr 24, 2012
- TRAI sets high base price for 2G auction, operators cry foul (Lead) - Apr 23, 2012
- Telenor-Unitech case referred to international arbitration - Apr 12, 2012
- Telecom honchos to meet Sibal - May 02, 2012
- Uninor moves Delhi High Court against CLB order - Aug 14, 2012
- Telecom Commission seeks clarity on TRAI proposals - Apr 30, 2012
- TRAI recommends high base prices for 2G auction - Apr 23, 2012
- Older players should be invited for 2G auction: Vodafone - Feb 15, 2012
- GSM players to contest TRAI theory of minor tariff hike - May 07, 2012
Tags: apex, apex court, ble, crore, feb 2, idea cellular, india level, joint venture, kapil sibal, megahertz, million subscribers, norwegian firm, spectrum auction, telecom regulator, telecom regulatory authority, telecom regulatory authority of india, telecom sector, trai, unitech, videocon