his activity of entering into mutually benefiting agreement was
considered as a severe violation of the licensing agreement. When DoT
issued notice to these companies, all the heads of the telecom majors
met Prime Minister Manmohan Sing arguing to condone the action and
ratify their “mutually benefiting agreement.”
It is now alleged in the telecom circle that these telecom companies formed cartels during the 3G auction in order to cut down the competition.. Industry circles believe that such cartelisation must have created a loss of around `20,000 crores in the final auction figures.
Now the telecom companies are lobbying hard on the TDSAT stay order, which asked DoT to produce the copies of their “illegal mutually benefiting agreements”. According to companies, such production of the agreements would “hamper the business plans.”
Daily pioneer.-CVC-steps-in-asks-DoT-to-submit-all-files-on-3g.26 1 12
It is now alleged in the telecom circle that these telecom companies formed cartels during the 3G auction in order to cut down the competition.. Industry circles believe that such cartelisation must have created a loss of around `20,000 crores in the final auction figures.
Now the telecom companies are lobbying hard on the TDSAT stay order, which asked DoT to produce the copies of their “illegal mutually benefiting agreements”. According to companies, such production of the agreements would “hamper the business plans.”
Daily pioneer.-CVC-steps-in-asks-DoT-to-submit-all-files-on-3g.26 1 12
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