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  • 2G Scam

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    Vaibhav Gupta
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    122 licenses were sold to a total of 15 players in that limited time window 13 Companies in 85 license case did not satisfy DoT eligibility criteria 45 / 85 were issued to those whose main business line was not Telecom. DOT Received 10772 crore price base used for the auction was 2001 price.

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    2G SCAM

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    122 licenses were sold to a total of 15 players in that limited time window 13 Companies in 85 license case did not satisfy DoT eligibility criteria 45 / 85 were issued to those whose main business line was not Telecom. DOT Received 10772 crore price base used for the auction was 2001 price.

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    56 views12 pages

    2G Scam

    Uploaded by

    Vaibhav Gupta
    122 licenses were sold to a total of 15 players in that limited time window 13 Companies in 85 license case did not satisfy DoT eligibility criteria 45 / 85 were issued to those whose main business line was not Telecom. DOT Received 10772 crore price base used for the auction was 2001 price.

    Copyright:

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    of 12

    THE INDIAN CORRUPTION STORY BEGINS HERE .

    HEADLINES STRIPPED THE NATION

    Historical Overview STARTED IN 199899


    1.
    1.

    Pramod Mahajan BJP


    License fee while awarding licenses vs revenue sharing (severely criticised). Reliance gained.

    2.
    1.

    Arun Shourie BJP


    2.

    Unified Access License UAL Fixed Line operators went WLL. Reliance and TATA Teleservices gained.

    3. 4.

    A Raja DMK Kapil Sibal Congress

    Facts on 2G allocation
    1. Jan 2008. Announcement was released on DoT website LOI of licences with spectrum will be issued between 3:30 and 4:40 p.m. 2. First Come first serve basis 3. Application fee to receive these LOIs ran into thousands of crores and had to be paid via demand draft.

    FACTS OF 2G
    1. 2. 3.

    4. 5.

    122 licenses were sold to a total of 15 players in that limited time window 13 Companies in 85 license case did not satisfy DoT eligibility criteria 45 / 85 were issued to those whose main business line was not Telecom (as per MoA & AoA) DOT Received 10772 crore Price base used for the auction was 2001 price.

    WHAT ARE THE CHARGES ON TELECOM MINISTER yCHEAP TELECOM LICENSES yNO PROCEDURES FOLLOWED yFAVORATIM,CORPORATE ENCASHMENT.

    New and questionable players


    1.

    2.

    3.

    Unitech real estate company with no exposure in Telecom applied and got spectrum. Cost 1661 Crore. Sold 60% stake soon to Telenor (Norway s MNC Telecom company) Indian Brand name UNINOR at Rs 6200 crore. Swan Telecom totally new company with no exposure in Telecom applied and got spectrum. Cost 1537 Crore. Sold 45% stake soon to Etisalat (UAE s MNC Telecom company) at Rs 4200 crore. TATA Teleservices 26 % offloaded to DOCOMO for 13230 core

    Spectrum Details
    1. 2. 3. 4. 5. 6. 7.

    0-87.5 MHz Marine & Aeronautics 87.5 108 Radio 109 173 Satellite 174 230 not allocated as of now 230 450 Satellite and Outdoor satellite communication vans 450 585 not allocated 585 698 TV broadcasting

    Spectrum Details
    1. 2. 3. 4.

    698 806 960 1710

    806 960 1710 1930

    not allocated GSM & CDMA communications Aeronautical GSM

    All components
    y New Licenses (122)

    Rs. 1,02,498 crores Rs.37,154 crores

    y Dual technology (35 licenses)

    y Spectrum beyond contracted quantity of 6.2 MHz

    Rs.36,993 crores
    y Total loss

    Rs.1,76,645 crores

    THANK YOU

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