Sistema Shyam Teleservices who had lost 2G spectrum licenses last year following the Supreme Court’s February 2, 2012 verdict has sought a temporary license from the government till the next round of auction takes place. In a letter to the Department of telecommunications (DoT) Sistema said that in the event of any negative order from the apex court, it would request the latter to issue temporary licences till such time the auction process is completed and spectrum along with new licences are issued to the company. Last Friday the Supreme Court directed that the telcos whose 2G licenses were cancelled following its February 2, 2012 verdict and failed to win spectrum in the auction will have to stop operations forthwith. This also applies to those who did not participate in the auction. The apex court had rejected the curative petitions of four telcos- Sistema Shyam Teleservices Ltd (SSTL), Videocon Telecommunications Ltd, Tata Teleservices Ltd (TTSL) and ...
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