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2G License Judgement - The Impact
2G Scam: Licenses Revoked- Who is going to get hit and how significant the affect would be?
In a historic moment today the Supreme Court revoked 122 2G spectrum licenses in the hearing of 2G spectrum scam which was listed as one of the top 10 ‘Abuses of Power’ by Time Magazine in 2011. These 122 licenses were alloted by the former telecom minister A. Raja on January 10, 2008. The current licenses will be effective for four more months after which the licenses will be revoked. The court has asked for a fresh auction mechanism.
List of the companies who were given licenses in 2008 with the count of licenses acquired and their customer base as on Sept 2011:
Operator | Licenses (2008 acq.) | Total License | Sub base* | Circles impacted | Subs affected* | Circle most affected | Subs* |
Uninor | 22 | 22 | 36 | All | 36 | Bihar | 3.4 |
Sistema Shyam (MTS India) | 21 | 22 | 13.27 | All minus Rajasthan | 11 | Karnataka | 1.74 |
Loop Mobile | 21 | 22 | 3.2 | All minus Mumbai | 0.0037 | Kolkata | 0.0017 |
Videocon | 21 | 21 | 6.27 | All | 6.26 | TN (Chennai) | 1.34 |
Etisalat DB | 15 | 15 | 1.52 | All | 1.51 | Delhi | 0.72 |
Idea Cellular | 9 | 22 | 100.18 | Punjab, Kar, Assam, JK, Kol, NE, Orissa, TN, WB | 15 | Punjab | 4.89 |
S Tel | 6 | 6 | 3.5 | All | 3.4 | Bihar | 1.95 |
Tata Teleservices | 3 | 22 | 88.77 | Assam, NE & JK | 0.32 | Assam | 0.12 |
RCom | n/a | 147.09 | |||||
Total | 399.8 | 73.5 | 14 |