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Telecom firms with revoked permit to stop operations: SC on 2G

Source : PTI
Last Updated: Fri, Feb 15, 2013 06:09 hrs
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New Delhi:  The Supreme Court on Friday said that telecom firms whose licences were cancelled and didn't participate in fresh auction for 2G spectrum will cease to operate forthwith.

The court also said that telecom companies which continued operation after cancellation of licences will pay fee as per reserved price fixed for fresh auction in Nov 2012.

Supreme Court clarified its February 2, 2012 order cancelling licences will not be applicable on telecom firms holding 900 MHZ band spectrum.

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