to those who have experience in telecom sector. They got license for throw away price of Rs.…
To start with, the telecommunication industry for a long time seen as a provider of public goods, next to post service and railway, also involves heavy investments at a steady but relatively small cashflow income. Hence, it was seen that economics of scale are need to lead such a business successfully. Historically this industry was highly regulated in form of monopolistic companies owned by the government.…
The 2G spectrum scam involved politicians and government officials in India illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2G subscriptions for cell phones. The shortfall between the money collected and the money that the law mandated to be collected is estimated to be 176,645 Crore (US$32.15 billion), as valued by the Comptroller and Auditor General of India based on 3G and BWA spectrum auction prices in 2010. However, the exact loss is disputed.…
The reality is there is significant investment opportunity in TMT emanating from prevailing market imbalances, attractive multiples relative to other emerging markets, deal fallouts, and the opportunity to exploit infrastructure sharing and ecosystem plays originating from the reluctance of operators and governments alike to adjust their business models •…
• The profit is been increased due to the service revenue but not by the sale of goods.…
“2G” stands for “Second-generation wireless telephone technology”. The 2G scam is one of the biggest scam till now in India and the highest authority of India Supreme Court stated that this scam is mother of all the scam till now in India. In this 2G spectrum scam many government officials are involved for illegally undercharging frequency allocation for the mobile telephonic companies. The difference between the money collected and the money to be obtained is 1, 76,379 crore rupees (USD 39 billion). The issuing of licenses to the mobile companies occurred in 2008, but it first came to notice when the income tax department investigating one of the political person NiraRadia.…
Abstract—Pakistan hosts a competitive and fluid telecommunication market and for a company to sustain, create customer…
Information technology along with the telecommunication, wireless communication industry has taken a great leap with the introduction of 4G technology in the new tech based scenario. 4G network is global leading communication network across the globe. All most all leading giants in Telecom industry already launched their 4G service through (LTE, Wimax, HSPAetc). In Bangladesh there are more than 105 million active subscriber up to Feb, 2012. Five global cellular mobile company establishes their network here including a local government owned company.…
Spectrum management is the process of regulating the use of radio frequencies to promote efficient use and gain a net social benefit. The term radio spectrum typically refers to the full frequency range from 3 kHz to 300 GHz that may be used for wireless communication. Increasing demand for services such as mobile telephones and many others has required changes in the philosophy of spectrum management. Demand for wireless broadband has soared due to technological innovation, such as 3G and 4G mobile services, and the rapid expansion of wireless internet services. Since the 1930s, spectrum was assigned through administrative licensing.…
The 2G spectrum scam in India involved the issue of 1232 licenses by the ruling Congress-led UPA alliance[1] of the 2G spectrum to 85 companies[1] including many new telecom companies with little or no experience in the telecom sector at a price set in the year 2001.…
Radio, once perceived as a dying medium, got a new life with the emergence of FM Radio. The public broadcaster All India Radio took the lead in introducing FM radio stations in February 1995. In 1999, the government opened up the industry to private companies. While they established themselves in India’s major cities, they couldn’t build a profitable business because of the high license fee structure. The government has now changed the fee structure to make FM radio a more viable business. And it has authorized the set up of FM radio in 91 cities across the country in a “Phase II” rollout. As a result, companies ranging from the obvious media ones to unlikely real estate firms, have bid and won Phase II licences.…
G spectrum scam involved politicians and government officials in India illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2G subscriptions for cell phones. The shortfall between the money collected and the money that the law mandated to be collected is estimated to be INR1766.45 billion (US$27 billion), as valued by the Comptroller and Auditor General of India based on 3G and BWA spectrum auction prices in 2010.[1] However, the exact loss is disputed. In a chargesheet filed on 2 April 2011 by the investigating agency, Central Bureau of Investigation (CBI), the loss was pegged at INR309845.5 million (US$4.7 billion)[2] whereas on 19 August 2011 in a reply to CBI, Telecom Regulatory Authority of India (TRAI) said that the government gained over INR30 billion (US$460 million) by giving 2G spectrum.[2] Similarly Kapil Sibal, the Minister of Communications & IT, claimed in 2011, during a press conference, that "zero loss" was caused by distributing 2G licenses on first-come-first-served basis.[3] It has to be pointed out, however, that "zero loss" can simply mean that frequencies were not sold for less than cost. The phrase indicates nothing about whether the sale was a scam.…
The 2G spectrum scam involved politicians and government officials in India illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2G subscriptions for cell phones. The shortfall between the money collected and the money that the law mandated to be collected is estimated to be 1766.45 billion (US$32 billion), as valued by the Comptroller and Auditor General of India based on 3G and BWA spectrum auction prices in 2010.[1] However, the exact loss is disputed. In a chargesheet filed on 2 April 2011 by the investigating agency, Central Bureau of Investigation (CBI), the loss was pegged at 309845.5 million (US$5.7 billion)[2] whereas on 19 August 2011 in a reply to CBI, Telecom Regulatory Authority of India (TRAI) said that the government gained over 30 billion (US$550 million) by giving 2G spectrum.[2] Similarly Kapil Sibal, the Minister of Communications & IT, claimed in 2011, during a press conference, that "zero loss" was caused by distributing 2G licenses on first-come-first-served basis.[3] It has to be pointed out, however, that "zero loss" can simply mean that frequencies were not sold for less than cost. The phrase indicates nothing about whether the sale was a scam. All the speculations of profit, loss and no-loss were put to rest on 2 February 2012 when the Supreme Court of India delivered judgement on a public interest litigation (PIL) which was directly related to the 2G spectrum scam. The Supreme Court declared allotment of spectrum as "unconstitutional and arbitrary" and quashed all the 122 licenses issued in 2008 during tenure of A. Raja (then minister for communications & IT) the main official accused in the 2G scam case.[4] The court further said that A. Raja "wanted to favour some companies at the cost of the public exchequer" and "virtually gifted away important…
February 2: The Supreme Court cancelled 122 2G spectrum licences allotted to the telecom companies during DMK leader A Raja’s stint as Union Minister for Telecom. The Apex Court also granted bail to A Raja, an accused in the 2G scam and lodged in a Delhi jail for his alleged involvement in allocating the licences arbitrarily causing huge losses to government’s exchequer.…
It is well-established fact that behind every achievement lies an unfathomable sea of gratitude to those who have extended their support and without whom the project would never have come into existence.…