Reliance Jio is gearing up for its full commercial launch of its services across the country and is all set to rattle India’s data market by offering 4G data at lowest rates in the world. “Mission of Reliance Jio is to take India from data shortage to data abundance. Jio makes India the highest quality, lowest…
India’s Supreme Court has rejected a request to delay the upcoming auction of spectrum currently held by Bharti Airtel and Vodafone India.
The court has denied a stay on the upcoming auction but has kept pending the operators’ request seeking a renewal of their existing 900-MHz licenses, First Postreported.
Airtel and Vodafone each hold 900-MHz spectrum in five and six telecom circles respectively that are due to expire in December after a 20-year term.
But the operators have argued that the terms of their licenses allow for a 10-year extension, but that the government is not honoring this term.
In the court filing, the operators have offered to pay either a fixed price or the auction-determined price for the spectrum, but stated that the licenses should not be taken from them.
The Indian government is preparing to auction spectrum in the 700-MHz, 800-MHz, 900-MHz, 1.8-GHz, 2.1-GHz, 2.3-GHz and 2.5-GHz bands. Click here to read more.