Uninor will file an interim application in the Supreme Court to bring to the apex court’s attention its plea against the recommendations of the telecom regulator on spectrum auction.
“Today (Tuesday), we sought the Supreme Court’s permission to file an interim application... The court has allowed us to file an application and stated that it is open to hearing our arguments,” the company said in a statement.
The firm has argued that the recommendations of the Telecom Regulatory Authority of India (TRAI) are not in line with the order of the Supreme Court.
On February 2, the apex court cancelled 122 telecom licences including 22 of Uninor — a joint venture between India’s Unitech and Norway-based Telenor. The apex court also asked the government to re-distribute the licences through auction process.
TRAI in its recommendation for auction has now proposed a reserve price of R3,622 crore per megahertz of spectrum at the pan-India level. This is around 10 times higher than the price for 2G licences in 2008.