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Tata Tele seeks lock-in period enforcement

Published November 22, 2008, 3:06 pm, Business Standard India

CDMA service provider Tata Teleservices (TTSL) has written to the Department of Telecommunications (DoT) that the lock-in period proposed by the ministry for stake sale by new licensees should be enforced.

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Tata Tele seeks lock-in period enforcement - Business Standard
The move gains importance after two new telecom players ? Swan and Unitech? sold stakes to foreign companies at high premiums after the allocation of spectrum. The Left parties had also accused Telecom Minister A Raja of underselling spectrum ...

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