CANCEL 2G SPECTRUM
Some insights into 2G Spectrum Scam ( http://killcorruption.org/ ) Q. What is the 2G Spectrum Scam? In 2008, the union government awarded pan India licenses and second generation telecom spectrum to 9 companies in 122 circles for offering mobile telephony services. These licenses were awarded in an arbitrary and non-transparent manner for a paltry sum of ` 1658 crores, which was the price discovered in 2001, when the teledensity was very low. Q. Who are allegedly involved in the scam? Telecom Minister A.Raja Corporate Houses Government Officials Corporate Lobbyists Media Houses Q. What is the amount of scam involved? Based on the subsequent auction of airwaves for third generation (3G) services, which fetched nearly Rs. 63,000 crores, and that for broadband access, which fetched over Rs. 35,700 crores, the notional loss to the exchequer due to under pricing of 2G spectrum was estimated by the CAG to be a whopping Rs. 1,76,000 crores !! Q. What does Rs 1.76 lak