Supreme Court Rejects Reliance, Airtel, Idea Challenge to Spectrum Auction.

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Supreme Court Rejects Reliance, Airtel, Idea Challenge to Spectrum Auction

Supreme Court Thursday dismissed the pleas of three telecom majors - Reliance Communication, Bharti Airtel and Idea Cellular, challenging government's 2015 spectrum auction, saying the decision was taken to maximise revenue and expand the service range.
"In the instant case, we are unable to perceive any arbitrariness or favouritism or exercise of power for any collateral purpose in the Notice Inviting Tender (NIA). In the absence of the same, to exercise the power of judicial review is not warranted.
"In the case at hand, we think it is a prudent decision once there is increase of revenue and expansion of the range of services," a bench of Justices Dipak Misra and Prafulla C Pant said while dismissing three telcos' pleas which had been transferred to the apex court from the High Courts of Delhi, Tripura and Karnataka.
The apex court, in a 101-page verdict, said in such "complex" matters having "enormous financial ramification", interference by the courts based upon any perception of fairness may create a situation of fiscal imbalance.

Supreme Court Rejects Reliance, Airtel, Idea Challenge to Spectrum Auction | NDTV Gadgets360.com
 
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