The Supreme Court of India has in a ruling yesterday declined the Government’s plea to allow it, about 400 days for the conduct of the 2G spectrum auction.
With this the Court has also extended the operation limits of the nine mobile operators whose licenses the court had cancelled and asked them to wrap up operations by June 2. But now these companies can operate until the September 7th, 2012 according to the latest ruling.
This move has come as a huge relief for the operators, their employees and even the customers who would get more time to stay with the operators or at least little more time to shift to other alternative.
Back on February 2, 2012, the apex court had cancelled all the 122 licenses of 9 telecom companies that were issued by the then telecom minister, A. Raja who is now serving in jail for a probable spam.