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Asia

India's Regulator Wants 2G Licenses Revoked

6:30 AM -- In an unprecedented move, the Telecom Regulatory Authority of India (TRAI) has recommended that the country's government should cancel 62 licenses given to five companies, including Uninor , Videocon Telecommunications Ltd. , and Etisalat , reports The Economic Times.

This recommendation was made for a failure to comply with rollout obligations. The Indian telecom industry is already reeling from the 2G spectrum scandal that led to the departure of telecom minister A Raja: This move is likely to darken the storm clouds hanging over the Indian mobile sector even further. (See India's Telecom Minister Quits and Spectrum Storm in India.)

The companies that have already achieved a good subscriber base, such as Uninor (more than 13 million customers), are likely to protest this in the courts if the licenses are cancelled. However, there are some new players that have been looking to surrender their licenses, and this might provide them with an opportunity to do so. (See Exit Route on the Way for India's Startups)

— Gagandeep Kaur, India Editor, Light Reading

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