In response to reports on the spectrum deal, published in Business Line and The Hindu , Devas Multimedia, in a response sent by e-mail, stated thus:
“There are factual inaccuracies in the stories reported, and Devas Multimedia has not received any communication, regarding the contract, from ISRO/Antrix or any other government agency. We do not own any spectrum, and the services we provide will be based on satellite transponders leased from ISRO/Antrix, wherein both — the satellite and spectrum — belong to the space research organisation.
“Contrary to reports, the GSAT 6 satellite programme already has approval from the Union Cabinet and Space Commission for its services, and?Devas is developing an innovative satellite system. With reputed investors backing the company, Devas has already secured permanent Government approvals and licences to offer ISP services on its system, for which specific time-bound technical trials were conducted in 2009.”
