We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar.

122 2G telecom licences granted during A Raja's tenure stands cancelled

The apex court bench of Justice G.S. Singhvi and Justice A.K. Ganguly has cancelled 122 2G telecom licences granted during A Raja's tenure.

The companies likely to be affected are:

  • Uninor
  • Tata teleservices
  • Videocon
  • Swan telecom
  • Idea Cellular
  • Loop Telecom

Supreme court also slapped a cost of Rs 5 crore each on Unitech, Swan Telecom and Tata Teleservices and said half of that will go to the court's legal aid services and the remaining to defence services.

Implications of Verdict of Supreme Court in Telecom Sector

  • Consolidation is bound to happen as some of the existing players may not participate in the auctions. The existing players may now be able to revise upward their rates. There were not able to do so due to the competition.
  • Players like Bharti, Vodafone and others, who did not get the specturum in 2008, are now better positioned as compared to the new players.
  • The unused spectrum would now come back into the system and the scarce resource would be put to efficient use.
  • The Supreme Court has given four months time to the companies whose licenses have been cancelled to cease operations, allowing ample time for an arrangement to shift users to another service provider.
  • The new development may be positive for independent tower companies

Bookmark our website for correct stock market analysis and make money with our intraday tips by using daily one sure tip as trading wisely is more important than trading in quantity.

Most Visited Stocks - Click to Visit Link


"First off all, I just want to say that your service is excellent – by far the best tips service I have encountered and quality of your Jackpot tips is really good and noticed that now I am getting daily profit. I can say that it makes a difference to choose the correct tips provider and it was my luck that I stumbled on your website."

- Rajesh


We Compliment you for becoming a part of mega family of more than 12 Lakh Smart Traders who are getting benefitted with our services worldwide. We assure You that we will deliver more than what we promise. Do remember to leave questions and Feedback. Your Success is Guaranteed with us!

You can Contact us through Contact Box provided on website or Email at info@indian-share-tips.com. You can make Online Payment through Payment Gateway installed on the website as we offer you the highest standard of security currently available on the Net so as to ensure that your online transaction is Private, Safe and Secure.

We Teach and Train our Clients as we want to make sure that clients trade in market as a thorough professional. Charges if any being paid by you are for the teaching and training. We do not provide any stock tips. Your joining is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9