New Delhi: As soon as indications of fresh auction for the cancelled 2G licenses came, foreign companies have started looking for their new partner in India. Unitech’s partner in Uninor, Norway’s Telenor has already sent notice to Unitech to end the alliance and as well claimed compensation. However, Unitech has refused and challenged Telenor.

There are four foreign companies who have been affected by Supreme Court’s decision. These include Norway’s Telenor, Russia’s Sistema, UAE’s Etisalat and Bahrain’s Batelco. Telenor has already started process for their separation with Unitech. Telenor has already mentioned in the notice that they are not interested in any further alliance with them. Telenor has 67 percent stake in Uninor. But rest all three companies has not started separation process yet. The government has already sent indication to foreign companies that they can participate in the auction with new partners. Telecom Regulatory Authority of India (TRAI) has initiated the auction process. 

Etisalat will decide about their strategic options in the board meeting to be held in Dubai next week. It is considered that company is also searching for their strategic partner in India. Company will announce their future plans only after the proposed meeting. STel’s stakeholder Batelco and Sistema has also expressed their interest in continuing in Indian market. Russian company has stakes in telecom operator Sistema Shyam. Hence, Sistema may also search for their new strategic partner in India.

On Thursday, telecom services giant Vodafone India has said that all the old and new operators should be given an opportunity to bid in the new proposed 2G auction. By doing this the government may get proper value of one of the rarest thing as spectrum.  According to Vodafone, permission to bid should be given to all operators from the government. By doing this they can achieve appropriate allocation of spectrum. The Supreme Court has instructed telecom regulators to do spectrum allocation by giving licenses and doing auction.

(JPN/Bureau)