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2G Scam
2G Scam
CONTENTS
ABOUT
WHO ALL ARE INVOLVED ? MEDIA RESPONSE. MARKET RESPONSE STEPS TAKEN BY THE GOVERNMENT POLITICAL RESPONSE TO THE SCAM CONCLUSION
WHAT IS 2G ?
2G MEANS:
2G is relatively a new technology in the field of mobile 2G is not just a network but a good technology 2G spectrum was the revolutionary technology in their time, It comes with some more benefits. sms facility was first started with the network safe for the use, means security level was high. environmental conditions was very good for this network and no network shortage was there .
WHAT IS 2G SCAM?
ALLEGATIONS/CHARGES ON A.RAJA
SHORTFALL OF MONEY
A.Raja arranged the sale of the 2G spectrum license below their market value. Swan Telecom a new company with few assets, bought a license for 1,537 crore (USD 333.53 million) and there after the board sold 45% of the company to Etisalat for 4,200 crore (USD 911.4 million) Similarly, a company formerly invested in real estate and not telecom, the Unitech Group, purchased a license for 1,661 crore (USD 360.44 million) and soon the company board sold a 60% stake in their Wireless for 6,200 crore (USD 1.35 billion) to Telenor
CORPORATIONS INVOLVED
RESPONSE TO SCAM
RESPONSE TO SCAM