SC refuses to stay proposed auction of spectrum from Monday
Zee Media Bureau
New Delhi: Supreme Court on Sunday stated that it refuses to stay proposed auction of spectrum from Monday.
SC has admitted the pleas of Vodafone and Airtel which challenged the TDSAT order declining them any relief.
Earlier this week, the government's resolution on the contentious issue of spectrum usage fee found favour with telecom operators with none of them withdrawing their application from airways auction.
Bharti Airtel, Vodafone, Reliance Jio Infocomm, Idea Cellular, Telewings (Uninor) , Reliance Communications, Tata Teleservices and Aircel are in race to bid for about 403 Mhz of airwaves in 1800 MHz band and 46 MHz spectrum in 900 MHz band.
The Empowered Group of Ministers on telecom, headed by Finance Minister P Chidambaram, has decided to levy annual spectrum usage charge (SUC) on new airwaves for mobile services at 5 percent of their adjusted gross revenue earned from telecom services. The present rate is in the range of 3-8 percent.
Telecom Regulatory Authority of India (TRAI) had recommended a flat SUC of 3-5 percent across all players.
This had been backed by GSM operators such as Airtel, Vodafone and Idea Cellular though RJio and Videocon had opposed it.