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Asia

Indian Operators Face Bill Shock

10:05 -- The 2G spectrum saga that has rendered India's government inert rolls on, as nine of India's mobile operators face demands for retrospective payments linked to airwaves allocated during the past few years, according to The Economic Times. (See India Telecom 2010: In the Shadow of Scandal.)

The comptroller and auditor general of India reported that nine operators received additional spectrum without paying. It's estimated that the government could have raised 370 billion Indian Rupees (US$8.1 billion) if the spectrum had been sold at market value. These findings lead to the recent resignation of former telecom minister A Raja. (See India's Telecom Minister Quits.)

It seems quite possible that this situation will result in protracted court cases. If that happens, the only certainty will be that the associated legal fees will be enormous.

— Gagandeep Kaur, India Editor, Light Reading

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