Monday, April 08, 2013

Support 5530 Still Holding !!!

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Still Holding 5530, Lets Wait and See.

>>> Bharti Airtel <<
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SC allows Bharti, Vodafone, Idea 3G pacts until April 11

In a major relief to Bharti Airtel, the Supreme Court Monday told the telecoms department to not take any 'coercive action' against the country's largest mobile phone company by revenues and subscribers, till April 11.

The apex court was hearing Bharti Airtel's plea of staying telecom department (DoT's) order to shut down 3G services within 24 hours in circles where the telco does not have its own frequencies to offer these services.

Last week, a panel of judges of the Delhi High Court quashed an earlier order of the court that had prevented the government from discontinuing Bharti Airtel's high-end services in seven regions Kolkata, Maharashtra, Gujarat, Haryana, Uttar Pradesh, Kerala and Madhya Pradesh and barred it from imposing a fee of Rs 350 crore. Bharti Airtel had appealed against the High Court move on Friday.

The Delhi HC was acting on a plea by Reliance Communications, which said that Bharti's move to provide pan-India 3G data services was negatively impacting its mobility business.

DoT has extended the crack down on 3G services last week when it asked the Indian arm of Vodafone and Idea Cellular to stop offering 3G services outside their licensed zones within three days, and slapped fines of Rs 550 crore and Rs 300 crore, respectively, on these companies.

The breather for Bharti Airtel bears positive news for Vodafone and Idea Cellular as well as the companies would be able to continue to offer their services till Thursday. The duo has appealed against the notices alongside Bharti Airtel in the Supreme Court, a person aware of the developments said.

Bharti Airtel, Vodafone and Idea won 3G airwaves in 13,nine and 11 circles, respectively, in the 2010 auctions, and between them have a national footprint. They subsequently entered into intra-circle roaming pacts with each other and rode on the airwaves of their partners in circles where they did not hold spectrum themselves. This enabled them to offer high-speed data services on a pan-India basis.

Bharti had about 7 million 3G customers as of December 2012, Vodafone has 2.5 million customers that use 3G while Idea has 4.1 million subscribers.