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Telcos must exercise restraint while 2G probe is on: Mittal

Telcos must exercise restraint while 2G probe is on: Mittal
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First Published: Wed, Feb 16 2011. 06 58 PM IST
Updated: Wed, Feb 16 2011. 06 58 PM IST
Barcelona: Amid charges and counter charges by telecom operators over 2G spectrum allocation between 2001 and 2009, Bharti group chairman Sunil Mittal has asked the service providers to exercise restraint and not to make any statement while the probe is on.
“Let the investigations go on. There is no point in making statements,” Mittal told PTI on the sidelines of Mobile World Congress in Barcelona.
His statement comes in the wake of Anil Ambani group firm Reliance Communications saying that the old GSM operators had caused a revenue loss of over Rs1 lakh crore to the state exchequer due to cornering of excess GSM spectrum beyond the contracted limit.
RCom had alleged that old GSM operators cornered excess spectrum beyond 6.2 Mhz and caused the loss to the government through other fraudulent misrepresentations as well from time to time.
“The old 2G operators, by active and fraudulent misrepresentation and concealment of material facts from the government, have unscrupulously caused the National Exchequer staggering losses of over Rs1,00,000 crore, during the period 2001 to 2010,” RCom had said and had demanded that the CBI investigate into these irregularities by the old GSM operators.
“We just need to wait for the outcome of various institutions that are at the moment working on it,” Mittal said when asked his opinion about so many people making statements accusing each other on the irregularities in the telecom sector.
He, however, exuded confidence that India would emerge out of this controversy and telecom growth would continue to be a success story of economic reforms in India.
The one-man committee, headed by retired Justice Shivraj Patil had also pointed out that arbitrary decisions taken by ministry officials may have helped telecom operators like Bharti Airtel get spectrum.
For instance, additional spectrum of 2 MHz + 2 MHz beyond 8 MHz + 8 MHz was allotted to Bharti Airtel in 2003 for Delhi service area though no criteria for allotment of the same was in existence.
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First Published: Wed, Feb 16 2011. 06 58 PM IST