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Sistema files curative petition in SC in 2G case
Sistema Shyam, the Indian telecom joint venture between Russia's Sistema and India's Shyam Group has filed a curative petition in the Supreme Court seeking re-examination of its verdict cancelling its liceneces for the 2G spectrum allocated during the tenure of former Telecom Minister A Raja. A curative petition is filed to get relief in a matter after the dismissal of review petition and is decided in the chambers of judges. Seven other operators that also lost licences along with the judgement have so far made peace with the directive to participate in an open auction or exit the service areas where licences were revoked.
 
The JV firm, promoting its business under the brand 'MTS', is seeking re-look of the decision by which its 21 licences for the 2G spectrum was cancelled.
 
The company in a statement said that its legal case is significantly different compared to other mobile operators because it had consistently maintained itself as a pure play CDMA operator. “We are hopeful that the highest court of the land will look into the merits of the SSTL case and consider it accordingly,” the statement added.
 
Uninor, one of the companies whose licenses are set to get cancelled, moved the apex court challenging the TRAI’s recommendations.
 
TRAI had recommended setting the reserve price for 2G auctions at Rs 3,662 crore, almost 13 times the amount in 2008.
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