UAE-based Etisalat has decided to shut down its India operations — Etisalat DB that has over 16.7 lakh mobile subscribers — following the Supreme Court order which cancelled 122telecom licences in the 2G spectrum allocation scam.
In the 2G scam, the consumers are the casualty.
What is shocking is the people who have swindled get excuses, by hiring highly priced attorneys from the Law through the Provisions of Law meant to protect the innocent!
Balwa,Kalaignar TV,Kanimozhi, Ruias,Khaitans honchos of Reliance are scot free.
Now Etisalat is quitting.They will pass on the loss(if they have suffered at all) to their shareholders, the perpetrators,the executives will go scot-free.
The Government of India,read Congress and DMK,having swindled the exchequer now will make new set of guidelines to make more money.
I suggest that the affected subscribers file damages against Government of India which should in turn claim the damages from Etisalat for having obtained Licences illegally and leaving the subscribers in the lurch.
I am whistling in the dark of course.
( I know some smart-alec lawyer will call me an idiot and that there is no sense in what I am talking.)
Law is something , Natural Justice is something else.
“Etisalat, which holds the majority stake Etisalat DB, is the second foreign telecom company to exit India after Baharain Telecom which offloaded its 42.7 per cent stake in S Tel.
In an e-mailed statement Etisalat said, “As unanimously resolved by the Board this evening, Etisalat DB will be taking steps to reduce operating costs, including the suspension of its network and services, pursuant to the terms of its UAS licenses.”
“The decision has been taken in order to protect the interests of all stakeholders and to avoid incurring further costs at this time of rapid change and continued uncertainty in the Indian telecommunications sector,” Etisalat said.
Further information, including the official cessation date will be communicated shortly to customers through the appropriate channels, the statement added.
Related articles
- 2G: DoT examining legal implications of SC order (ibnlive.in.com)
- Etisalat says bye-bye to India (thehindu.com)
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