Professional Documents
Culture Documents
What IS 2G ?
It is a term used in telecommunication sector. It is a
spectrum which support 2G technology. 2G means second-generation wireless telephone technology. 2G spectrum was the revolutionary technology in
1. SMS facility was first started with network. 2. Safe for the use, means security level was high.
History of 2G
2G spectrum technology was first launched in 1991 in Finland only in the GSM mobile phones
but this is not the latest technology that we are using. As 2G was launched in 1991 so many other technologies overcome it with 2.5G, 2.75G technologies but the latest technology in present world is 3G.
Contd.
Licenses issued on a first-come-first-served basis
No proper auction process followed, no bids invited Raja ignored advice of TRAI, Law Ministry, Finance Ministry TRAI had recommended auctioning of spectrum at market
rates
FAVOURITISM, CORPORATES ENCASH PREMIUM Unitech, Swan Telecom got licenses without any prior telecom experience. Swan Telecom given license even though it did not meet eligibility criteria
Contd.
Swan got license for Rs. 1537 crore, sold 45% stake to
A special CBI court in Patiala House complex will decide on Saturday the plea of Janata Party chief Subramanian Swamy seeking to make home minister P.Chidambaram an accused in the 2G spectrum allocation scam case.
Anil Ambani - Reliance Group (ADAG) Shahid Balwa - DB Realty and DB Etisalat (Swan Telecom) Vinod Goenka - Dynamix Group Venugopal Dhoot - Videocon Group Prashant Ruia - Essar Group All of them have either been question by the CBI or are prospective suspects in the scam.
Barkha Dutt, an NDTV journalist alleged to have lobbied for A.Raja's appointment as minister. Vir Sanghvi, a Hindustan Times editor alleged to have edited articles to reduce blame in the Nira Radia tapes.
Corporations involved
Unitech Group: A real estate company entering the telecom industry with its 2G bid; sold 60% of its company stake at huge profit to Telenor after buying licensing (Including land values properties for towers).
Swan Telecom: It sold 45% of its company stake at huge profit to Emirates Telecommunications Corporation (Etisalat) after buying licensing.
Videocon Telecommunications Limited Reliance Communications Sistema Shyam Mobile (MTS) Sistema Mobile Russia Tata Communications Vodafone Essar Loop Mobile S Tel Dishnet Wireless Allianz Infra
Government of India take some important steps looking forward in this Scam ?????
India has replaced the Telecom minister , A Raja with Kapil Sibal who has taken up this charge in addition to being the Union minister for Human Resources Development.Mr Sibal contends that the "national" losses quoted are a result of erroneous calculations and insists that the actual losses are nil.