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July 24, 2001
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Money > Business Headlines > Report July 24, 2001 |
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We are not behind PILs, BPL tells DoTBS ICE Bureau BPL on Monday clarified to the department of telecom that the company did not wish to derail the fourth cellular licence bidding process and the company has nothing to do with the various public interest litigations being filed to stop the cellular licencing process. In a letter to Shyamal Ghosh secretary, department of telecommunications, K S Jayanth Kumar, chairman of BPL Mobile Cellular Ltd said: "We wish to emphasise that we do not wish to derail, hinder or stop the fourth cellular licence bidding process. We have as a matter of fact, bid for markets of Madras, Delhi and Karnataka." The clarification was sent on Monday to DoT after various quarters had speculated over BPL's intention over a letter sent by Jayanth Kumar to Shyamal Ghosh on July 17 on the issue of the fourth cellular bidding process. In this letter Jayanth Kumar had pointed out the risk of cartelisation "that normally arise in any bidding when there are only a few bidders in the process. We believe that this risk is a real one and it impacts not just the government from a revenue perspective, but also the existing operators who have made significant investments in entry fee, infrastructure and cost of market development. Referring to this July 17 letter, the BPL chairman on Monday clarified that it was written simply to point out that a better and more transparent process of bidding that would ensure that both government's interest is safeguarded and the existing operators ensured a fair and level playing field to promote real competition. In Monday's letter Jayanth Kumar also said, "we wish to re-affirm that we have nothing to do with the various public interest litigation and the issue raised by us have nothing to do with these PILs" Offering further clarification on the intentions of the earlier communication to DoT, Jayanth Kumar has said in the letter, "As a company that has been in the Indian telecom sector for over 10 years, we have seen well intentioned initiatives of the government falling prey to litigation and other roadblocks, because of haste and non-transparency. Our letter was simply to request that history does not repeat itself." Powered by YOU MAY ALSO WANT TO READ:
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