24-12-2012, 06:38 PM
2G SCAM
[attachment=45208]
WHAT IS 2G
2G means second-generation wireless telephone technology.
Second generation 2G cellular telecom networks were commercially launched on the GSM standard in Finland in 1991.
2G introduced data services for mobile, starting with SMS text messages.
WHAT IS 2G SCAM
2G licenses issued to private telecom players at throwaway prices in 2008
Spectrum scam has cost loss to the government Rs. 1.76 Lakh crore
Rules and procedures flouted while issuing licenses.
WHO CAUSED IT?
The then telecom minister Andimuthu Raja caused the 2G scam
A Raja caused the loss of $40 billion to the Government by selling the Licenses of network to the private players without following any rules and regulations.
ALLEGATIONS
CHEAP TELECOM LICENCES
Rules changed after the game had begun
Cut-off date for applications advanced by a week
Licenses issued on a first-come-first-served basis
No proper auction process followed, no bids invited
Raja ignored advice of TRAI(Telecom Regulatory Authority Of India) , Law Ministry, Finance Ministry
TRAI had recommended auctioning of spectrum at market rates
FAVOURITISM, CORPORATES ENCASH PREMIUM
Unitech, Swan Telecom got licenses without any prior telecom experience
Swan Telecom given license even though it did not meet eligibility criteria
Swan got license forRs.1 537 crore, sold 45% stake to Etisalat for Rs.4 200 crore
UnitechWireless got license for Rs.1661 crore, sold 60% stake for Rs.6 200 crore
All nine companies paid Dot only Rs.10,772 crore for 2G licences
REPORTS
Telecom secretary Dinesh Kumar Mathur has told the CBI that despite being the top most officer in the DoT he was completely unaware of two controversial letters Raja wrote to Manmohan Singh endorsing his 2G allocation policy.
[attachment=45208]
WHAT IS 2G
2G means second-generation wireless telephone technology.
Second generation 2G cellular telecom networks were commercially launched on the GSM standard in Finland in 1991.
2G introduced data services for mobile, starting with SMS text messages.
WHAT IS 2G SCAM
2G licenses issued to private telecom players at throwaway prices in 2008
Spectrum scam has cost loss to the government Rs. 1.76 Lakh crore
Rules and procedures flouted while issuing licenses.
WHO CAUSED IT?
The then telecom minister Andimuthu Raja caused the 2G scam
A Raja caused the loss of $40 billion to the Government by selling the Licenses of network to the private players without following any rules and regulations.
ALLEGATIONS
CHEAP TELECOM LICENCES
Rules changed after the game had begun
Cut-off date for applications advanced by a week
Licenses issued on a first-come-first-served basis
No proper auction process followed, no bids invited
Raja ignored advice of TRAI(Telecom Regulatory Authority Of India) , Law Ministry, Finance Ministry
TRAI had recommended auctioning of spectrum at market rates
FAVOURITISM, CORPORATES ENCASH PREMIUM
Unitech, Swan Telecom got licenses without any prior telecom experience
Swan Telecom given license even though it did not meet eligibility criteria
Swan got license forRs.1 537 crore, sold 45% stake to Etisalat for Rs.4 200 crore
UnitechWireless got license for Rs.1661 crore, sold 60% stake for Rs.6 200 crore
All nine companies paid Dot only Rs.10,772 crore for 2G licences
REPORTS
Telecom secretary Dinesh Kumar Mathur has told the CBI that despite being the top most officer in the DoT he was completely unaware of two controversial letters Raja wrote to Manmohan Singh endorsing his 2G allocation policy.