Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Industry / DLF, Mahindras, Tulip apply for UASL; Hinduja to apply soon
BackBack

DLF, Mahindras, Tulip apply for UASL; Hinduja to apply soon

DLF, Mahindras, Tulip apply for UASL; Hinduja to apply soon

Premium

New Delhi: US firm AT&T in a tie-up with diversified group Mahindras, property developer DLF and IT firm Tulip on 1 October applied for telecom licences on the last date for filing applications, while Hinduja TMT and realty firm Omaxe may submit the necessary documents later in the day.

AT&T said in a statement it has filed applications with the Department of Telecom for a Unified Access Service License (UASL) to start services in all 22 circles of India.

“This is an important step toward participating in India’s upcoming spectrum allocation proceedings," it said.

AT&T is extending its partnership with Mahindra Telecommunications Pvt Ltd, through its local unit AT&T India, to apply for the UASL, the company said.

AT&T already has licences to provide NLD and ILD services. Tulip also has NLD and ILD licence.

A Hinduja TMT official said the company will be applying for the license after its board took a decision on it. Omaxe officials also said the company would submit its application.

At least 13 companies have submitted more than 230 applications for telecom licences and most of these are for a pan-India UASL. DLF and Omaxe join other real estate firms Indiabulls Real Estate, Unitech and Parsvnath Developers to apply for telecom licence.

Other companies who have applied for licences include Swan and Cheetah Telecom, JSW Steel, HFCL and Ruias-backed BPL Mobile. The companies rushed to apply for a telecom licence when DoT said on September 24 it will not accept applications after October 1.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 01 Oct 2007, 03:43 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App