2G Scam Supreme Court Verdict is 100% Right. Foreign Media / WSJ – Don’t You Dare Question it in the Name of FDI
The Supreme Court Judgment is remarkable as it brought to light the Lobbying and Pimping Corporates do in the High Corridors of Power. Now The Wall Street Journal Quotes
Court’s ruling also effectively adds a new layer of uncertainty to an already unpredictable regulatory environment. New Delhi has become infamous for changing the rules in the middle of the game
Dear Mr. WSJ editor, before taking sides, analyze the situation in which investments were made. Unitech a Realty Firm hired a Corporate Pimp Read more
2G Spectrum Scam – Supreme Court Quashes A. Raja’s Allotment – List of Telecom License Allottees
Over the past 2 years we have been writing about the Telecom Spectrum Scam right under the nose of Distinguished Prime Minister of India Dr. Manmohan Singh and his former colleague A. Raja the Master Mind 
Here is the list of License Allottees From Serial Number 51 to Serial Number 173 [PDF] all allotted by A. Raja now in the comforts of Tihar Jail
Implications of the Ruling:
- Telecom Minister Kapil Sibal’s Zero Loss Theory goes down the toilet drains. Is he still fit to occupy his Chair and make decisions for the crucial Telecom Policies and Sector ?
2G Spectrum Scam – Banks / FIs to get Piece of Spectrum ? – Systemic Risk
Not too long ago, the year 2008 went down in the history as year of sub-prime crisis. Just as the Spectrum Scam intensified with the stepping down of A. Raja, Goldman Sachs Sr. Banking Analyst and Director Tabassum Inamdar pushed the report on the concerns about Banks financing to Indian Telecommunications companies involved in the spectrum scam. [2 or 3 Quarters Ago, Mr. Aga, CEO of Idea Cellular had called these bankers, Daredevils, who would choke the supply anytime]
The Honorable Justice at Supreme Court ordered to look into Read more
Ratan Tata’s Rescue of Nira Radia Unwarranted – Another Stage Act by Nira ?
Ratan Tata is no doubt one of the best CEOs of India Inc. I am deeply touched by generous contributions to the victims of Taj Group Employees after 26/11, which no CEO has ever done. However, when it comes to Telecommunications, Ratan Tata / Tata Group for some reason never got the line established with the right number
In 2005, I wrote to Ratan Tata directly questioning Tata Power’s investment in VSNL Broadband Read more
2G GSM + CDMA Spectrum Allocation till Date Vs Subscribers in India
I undertook a joint study with an associate of mine on the distribution and allocation of 2G Wireless Spectrum in India across all Circles and all operators. The main motive of the study was of course to figure out viability of wireless broadband for various operators. However, I thought I’ll share the Spectrum that operators are holding to as it is now believed to be a Multi-Billion Dollar SCAM 
My associate has published the complete mobile spectrum allocation details here [ Recently, you heard A.Raja blaming it back on BJP Government, you can make the guess by browsing the Matrix ].
BSNL+ MTNL together are holding the highest Spectrum Read more
Parliamentary committee on IT questions DoT practices
The DoT which is one of the most non-transparent departments of the Government of India, directly under the Telecom Minsistry has come under the scanner of Parliamentary committee on IT constituting MPs. The committe has sent 34 questions to the DoT on why it is not following the regulations of� TRAI, India’s most powerful and professional organization for Telcom sector.
A. Raja, telecom Minister in response to CVC had stated that DoT has followed TRAI regulations in awarding licenses + spctrum on first cum first serve basis. Now, the committee has explicitly asked DoT,
Please reconcile and cite specific recommendations of TRAI by which DoT was guided while allocating spectrum in the manner which it has done.
Additionally, DoT has been asked to justify the removal of word “acquistions” from the Mergers & Acquisitions clause until the roll-out obligations have been met by licensees. Hopfully, the Parliamentary committee completes its invetigation and recommends actions aginst DoT and offocials in the Telecom Minsistry.
Feed
