Loop Telecom, on Tuesday, took the government and the Telecom Regulatory Authority of India (TRAI) to TDSAT (Telecom Disputes Settlement and Appellate Tribunal), seeking refund of Rs.1,454 crore paid for 2G licence and sought Rs.1,000 crore damages for loss of reputation after its cancellation.
In its petition, Loop Telecom has submitted that the Supreme Court has cancelled the UASL licence issued to it by the government under its ‘flip flop' first-come-first-serve policy and it had to suffer a huge loss.
“The reason for quashing the first-come-first-serve policy, the UASLs and the subsequent allocation of the spectrum are wholly and absolutely attributable to the acts and omissions of the respondent (DoT & TRAI) and as a direct proximate result thereof, the petitioner has suffered huge losses and damages,” submitted Loop in the petition. It further alleged that due to, “faulty issuance of licence and the policy flip-flops of the government, Loop has had to pay a heavy price” and requested for “compensation of Rs.1,000 crore for loss of reputation” along with 12 per cent interest.
A TDSAT bench, headed by its Chairman Justice S. B. Sinha, issued notice to the Department of Telecom and TRAI. — PTI
