India : BOMBAY HC provides relief to major telcos.Bharti Airtel For the information technology, see .
Bharti Airtel (भारती एअरटेल), formerly known as Bharti Tele-Ventures Limited (BTVL) is among India's largest mobile phone and Fixed Network operators. the Bombay High Court The Bombay High Court (Hindi: बम्बई उच्च न्यायालय) was inaugurated on August 14, 1862. has ordered a stay over the one-time spectrum fee enforced by the Department of Telecommunications (DoT) for the auction of 2G spectrum.
The court has offered Airtel the stay until February 24. DoT started issuing demand notices to the operators, early this month.
Idea Cellular, Aircel also got some relief after the court on Monday stayed the enforcement of the one-time fee on the operator till March 1, 2013.
EGoM headed the finance minister P Chidambaram had proposed that existing operators would pay one-time fee for spectrum they hold over 4.4MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. .
The cabinet had taken a decision that for all spectrum holdings beyond 4.4 MHz (GSM), a onetime charge be imposed prospectively upon the incumbent operators at 2012 auction fixed price.
The date of applicability of the charge shall be the date of start of the first quarter after the date of the Cabinet decision.
2012 Al Bawaba (Albawaba.com)
Provided by Syndigate.info an Albawaba.com company
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|Date:||Jan 29, 2013|
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