India's Supreme Court has again extended the
deadline for the government to conduct the
country's 2G spectrum auction to Jan. 11,
2013.
In a Hindustan Times report Monday, division
bench of justices GS Singhvi and KS
Radhakrishnan said the court will initiate
contempt proceedings if the government does
not complete the auction process by the
extended deadline, and "exemplary costs may
be imposed".
The new deadline is the third extension given by
the court which had ordered the government to
carry out a new round of auctions for 2G
airwaves, after it revoked all existing 122
licenses in February this year. The first deadline
was set for Jun. 2, and later pushed to Aug. 31
after pleas from India's Department of
Telecommunications (DoT).
The court also ruled carriers which licenses
were to be revoked on Sep. 7 can continue to
operate on their existing permits until Jan. 18
next year, the Hindustan Times reported. The
DoT also announced details of the rules for
participants in the impending 2G auction.
It said it will issue a notice on Sep. 28 inviting
applications and interested parties to submit
their applications by Oct. 19. The final list of
bidders will be announced Nov. 6.
A mock auction will be carried out on Nov. 7
and Nov. 8. The actual auction of the 1800MHz
band will commence Nov. 12, and the auction
for 800 MHz band will be held two days later,
the DoT said, adding that payment of successful
bids must be done within 10 days after the
respective auctions close.
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