- 2G spectrum was allocated beyond contracted quantity to 9 firms including Bharti, Vodafone, Idea, BSNL, Reliance, Aircel,” the report said.Niira Radia is said to be involved.Read her details.
- Department of Telecommunications (DoT) circumvented the rules to help Swan Telecom, which effectively acted as a front for Reliance Telecommunications. The charges in the CAG report are that Swan should not have been considered for a license because Reliance Communications held 10.7% stake in Swan – and according to the rules, a telecom operator cannot own more than 10% stake in another telecom company operating in the same service area. “Email ID of Swan Telecom was shown as that of a Reliance ADA group official
- Another big beneficiary of the 2G spectrum allocation was Unitech Wireless, which had no experience in the telecommunication sector.
After Unitech got the license for a throwaway price of Rs. 1,661 crore, it sold 60 per cent stake to Telenor Asia for a whopping Rs. 6,200 crore.
http://www.mustknowledge.co.cc/2010/11/full-2g-spectrum-scam-story.html
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