Spectrum allocation case: Airtel and Vodafone discharged

telecom tower in India rural area
A special court in New Delhi on Thursday dropped charges against former telecom secretary Shyamal Ghosh and three telecom network operators — Bharti Cellular, Hutchison Max Telecom (Vodafone India) and Sterling Cellular (Vodafone Mobile Service) — in the additional spectrum allocation case, IANS reported.

Bharti Airtel in a statement said: “Bharti Airtel has always maintained highest standards of corporate governance and transparency. The verdict of the Special Court has vindicated our position on the matter.”

Central Bureau of Investigation (CBI) Special Judge O.P. Saini delivered its order on the issue of framing charges in the 2002 additional spectrum allocation case.

The CBI filed a charge sheet on December 21, 2012, against former telecom secretary Ghosh and three telecom firms.

The case relates to the department of telecommunications allocating additional spectrum in a decision taken on January 31, 2002, when the National Democratic Alliance was in power, allegedly resulting in a loss of Rs 846 crore to the exchequer.

editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

4 Best Systems for Secure Communication in High-Pressure Situations

Communication failures in high-pressure environments can be catastrophic. For...

Virgin Media O2 to Shut Down 2G Network by Summer 2029, Accelerating 4G and 5G Expansion

Virgin Media O2 has announced plans to switch off...

Telefonica Debuts in Australian Bond Market with AUD 700 mn Multi-Tranche Issue

Telefonica has completed its inaugural bond issuance in the...

European Telecom Industry 2026: 5G Standalone, AI and FMC Drive Growth Despite Revenue Challenges

Europe’s telecommunications sector is entering a new phase of...