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Policy & Regulation
Qualcomm offer to clear Tulip’s dues rejected
TT Correspondent |  |  14 Feb 2012

Rejecting Qualcomm's offer to secure the dues of its partner Tulip Telecom to hasten the process of issuing licence and spectrum for BWA services to the US-based chip-maker, the Department of Telecom (DoT) in its reply to TDSAT has contended that Qualcomm cannot secure the dues of its partner by way of bank guarantee.

 

The Tribunal adjourned the hearing till 21 February after Qualcomm sought time to take instruction from the client on the matter. DoT however argued that it was a matter of revenue and it can not be secured by bank guarantee.

 

TDSAT had directed DoT to file a reply over Qualcomm's undertaking and plea.

 

In January Qualcomm in an undertaking to TDSAT had offered to clear the dues of its partner Tulip Telecom and requested that the telecom ministry be asked to issue licence to it for BWA spectrum.

 

Tulip is a 13% shareholder in the consortium which had bid for BWA spectrum along with Qualcomm. As per the rules and regulation, operators has to get a no-due certificate from DoT for a new licence.

    
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14 Feb 2012(IST)  
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