Reliance Jio unfair advantage of the thousands of crores

Eight May 2015 Comptroller and Auditor General of India in Parliament, a report was submitted by the CAG. The report said that DoT Mukesh Ambani-led Reliance Jio ‘to’ broadband wireless access spectrum by allowing the call to ‘unfair advantage’ of. According to the report, Internet service provider company at the time the license was granted, the time was not calling. Reliance Jio report says that a unified license was given secretly to the Internet service provider has also offered, as well as calling and the price on the construction market. In its final report to the CAG exposed and talked about the loss of 3,367 crore.
August 2014 22 842 crore in the draft CAG report spoke of undue benefits. As such it is bound to question that what has happened in just eight months, the CAG’s draft report and the final report was to see the difference. During a press conference, Deputy Comptroller and Auditor General, Suman Saxena rejected this, saying that the draft is the draft. It became clear that the story is a different story. Reliance Jio this story Infotel Broadband Services Pvt Ltd (Aibispiel) used to his advantage. Aibispiel meet the broadband spectrum license was a big deal in itself because of the Internet service provider owned by a small company were Nhata endless. Reliance Jio Drakrt CAG report Aibispiel broadband spectrum in this game came under criticism for the government. At the same time, it also took advantage of the weak links that RJio them the DoT 4G broadband wireless access or BWA auction when the rules had left. The company took advantage of these weak regulations subtly calling on the services of the spectrum acquired.
When the year 2015 came the final CAG report, he ignored all these things and all of them important references have been removed so it seemed to know how RJio and Aibispiel spectrum of the collusion. In September 2014, the correspondence between DoT and CAG CAG as well as Director General (Audit) of the draft report was leaked. Most papers in the confidential category despite having among the general public and many newspapers, websites and magazines published by. Even the official news agency PTI print it.
To unravel the mystery of these two reports We read hundreds of papers, you do not understand technical terms, understand the legal language and talk to bureaucrats. Which came out in front of him to know how the system works or does not work is rather how. How few people get the advantage of associating with the system and how hard the limited resources for their own benefit is achieved.

Aibispiel History
There are endless Nhata Aibispiel owner. His father’s name is Mahendra Nhata and HP are living. Mahendra Nhata Himachal Futuristic Communications Ltd. owns the HFCL. HFCL telecommunication related product and service works. The company came into the limelight in 2011 when it came to light in the spectrum scam that Datacom Tugi the company also benefited from this scam is jointly owned by Videocon and HFCL was near. Earlier in 1995, Mahendra Nhata HFCL 9 Tugi spectrum of applications for licenses under which they were found. In February 2010, DoT 3G and 4G spectrum auction for a notification. It said that any company that UAS unified access service, cellular mobile telephone service and Internet service provider, or ISP, or Sistis are working, may apply. Also, a company may apply by the undertaking which is not any of these licenses but the spectrum auction to get him in position before starting the service category A (UAS / ISP) license would take.
When Aibispiel joined the competition and the Telecom Regulatory Authority of India was ranked 150th in the list. At that time, the company’s paid-up capital (shareholders’ initial investment while starting a company) was just two crore 51 lakh and Rs 49 lakh crore of net assets. Customer name of the company was merely a leased line customers. Clearly, the company’s financial position was strong.

Aibispiel to win
Despite the weak financial position for the financial needs of the auction, the company was able to deposit earnest money. The EMD 252.5 crore as bank guarantees with the support of the Axis Bank was deposited. Was it a hundred times more than the company’s net assets had. In May 2010, lasted 16 days in the e-auction process Aibispiel finally won. With this win, India Aibispiel all twenty-two telecom circle was right at 20 MHz BWA spectrum, for which the company paid Rs 12847.77 crore, Rs 5,000 times higher than the company’s net assets. The e-auction Anil Ambani’s Reliance Communications, Vodafone Essar and entrenched players like Tata Communications was also present but due to its higher bid, they backed down. Idea Cellular did not take part in the auction.
Government Aibispiel proceed as small company whose net assets at auction, was less than hundredth of EMD. The auction for the monitoring of industrial policy and promotion, information technology, and various departments of Economic Affairs Officer of the work relating to the inter-ministerial committee was formed. Yet the auction was to prevent any interference from elsewhere.
In February 2007 and in November 2007 it Aibispiel established across India were licensed Internet Service Provider or ISP. In fiscal year 2009-10, the company only had a leased line client which earned Rs 14 lakh 78 thousand. March 31, 2009 in the company’s bank account, which were only Rs 18 lakh and Rs 10 lakh to the ISP as a bank guarantee given to DOT. In March 2007, an investment of infinite Nhata six lakh and the company he founded Dijicom Infotel Pvt Ltd is known as the IDPL. March 31, 2009 the company’s net assets was Rs 55 lakh and the company did not have any real estate. Another source of income in the next financial year, the company earned revenues of Rs 59 crore 42 lakh 80 thousand of which are net profits. After the audit of company accounts show March 31, 2010, the bank guarantee of Rs 25 lakh to Rs 25 lakh on the company’s fixed deposit of one hundred per cent margin money to the bank as security.
But the draft CAG report revealed that the bank guarantee in lieu of the company (Aibispiel) the annual accounts of the financial year 2009-10 was not to pay any margin money.

All round material
After all, nearly 117 rounds of 11 June 2010 broadband wireless access spectrum auction has ended. Auction temporarily after the approval of the Committee on Inter-Ministerial Working Committee of Secretaries of the government of India had to be allowed. The committee was chaired by the Secretary of Cabinet, which the Finance Ministry, Planning Commission (now the Policy Commission) and DOT Secretary.
CAG draft report of the Committee of Secretaries IMC for approval of temporary results met them, they were told that they are satisfied with the auction process and it is not even wrong. Additionally, the auction process and the temporary result has examined the whole way, and later was sent to the Committee for approval.
Meanwhile, June 11, 2010 at a meeting of shareholders called Aibispiel the two thousand-fold increased their share investments (increased from 3 million to 6 thousand crore) was 75 per cent stake in Reliance name. Every company has a Memorandum of Association under which a company has an agreement with another company. If a company has no agreement or compromise of the company’s Memorandum of Association but do not permit this change before it happens is then compromised. But that did not happen in this case. Then six days before the agreement was signed 17 June 2010, the Memorandum of Association was changed. The company replaced the Memorandum of Association (Aibispiel) Board of Directors of Rs 47 crore 50 lakh 10 and 250 million shares to the IDPL to Reliance. Now the company’s reliance on five per cent of the 95 per cent stake and IDPL. June 19, 2010 from the Aibispiel private limited company became a public limited company and renamed the company on June 22, Reliance Jio Infocomm Limited was given.
Reliance on Aibispiel be dominated by big news and newspapers related news Chhapin. CAG’s draft report has claimed that the deal for the Reliance group, which was already running the endless conversation of Nhata 11 June 2010, had accepted a television talks. The results of the auction came a day after the Economic Times said the deal between Reliance and Aibispiel had expressed fears. The newspaper, citing the story of the final CAG report noted that only a company of Aibispiel HFCL Group. The report is just a place where Nhata family involved in this story of the auction.

This chronic disease is …
Between 1991 and 96 when the then Prime Minister PV Narasimha Rao Pandit Sukh Ram was telecom minister. Ministry last year (1996) when the CBI raided the house of Pandit Ram million 60 lakh in cash were seized. So in a raid seizures of cash and it still was not anywhere in the world Guinness Book of World Records has joined seizures. Disgraced himself, the country also has the world discredited. Their allegation was that the charges are a family of his tenure Nhata HFCL outstanding license fees demanded by his party was not in time.
Today the Nhata family system became distorted owns 4,750 crore but not a single voice from a corner up. Or at least not able to muster the courage to raise their voices.

part 2
In another part of the story shows us how in 2013, Reliance Jio ‘calling feature on your BWA spectrum won happened. In 2011, “Aibispiel ‘the’ mobile country code ‘and’ mobile network code” applied to DOT. None of these facilities the company “Public Land Mobile Network may establish. “Public Land Mobile Network” is to use either the administrative act or is given to an approved agency that provides telecommunications services to the public on the ground.
Before the year 2008 and again in 2010, DoT had clarified that only 2G and 3G calling would be given to operators who use. TRAI, the ‘Tri’ a recommendation of the 3G calling and Internet (data applications), while the expansion of the Internet for 4G spectrum and to facilitate fast Internet service.

Committees and commissions under the cover of Sports
Since then, the controversy has formed several committees to investigate. In 2012, at the request of the Department of Telecommunications ‘Authority’ with it a guideline issued by the manner in which the license has been applied to alter the new unified licensing regime. Under this arrangement, the entire service provider (Internet and calling) to become Internet service provider was calling even easier to get the service. DOT Committee and Commission guidelines TRAI what it was deliberately fetched?
In August 2012, the committee said another DoT 3G spectrum ‘generosity’ should not be sold off. The generosity means the disappearance of the rules was due to the Company under the terms of the spectrum license obligation was to work in a particular service. The committee argued that the spectrum auction prior to the liberal policy is made clear in the decision making helps the buyer and then something else happens and the result determines the market price. Earlier, DOT was told that the old regime, the purpose of which spectrum will. Calling will have access to such data or the Internet, or to both.
The Committee also raised the point that the company was aware that he was bidding in the auction 4G spectrum later calling service also will be allowed. If the company is already aware then everyone would have an equal chance. The law changed in 2013, while the DoT, the auction process was concluded in 2010. In September 2012, the intricacies of the telecommunications committee, citing the unified licensing regime once again stressed the need for discussions and analysis. It was felt that the unified license system for new and old companies’ TRAI’s recommendation to accept the confusion arose.
Once again in September 2012 to examine the dispute-test and the way forward was to tell the committee. In January 2013, the Committee has been expanded to all full-time members of the Telecom Commission, as well as other technical officers involved. In February 2013, the Committee ‘ISP’ license approved changes in the new unified license. Reliance Jio this decision was the first to take advantage. The company in August 2013 for Rs 15 crore ‘entry fee’ and Rs 1,658 crore, “migration fee paid. Two months later, in October 2013 formally integrate RJio license with the Internet-based service was given the right to provide calling service.
According to the CAG, “migration fee ‘1,658 crore in terms of the fees charged by the year 2013 had not been fixed in 2001, 12-year-old charged. Inflation in the 12 years and taking into account other factors, the amount should be Rs 5025 crore. This means that the mix RJio almost 3,367 crore from ‘unfair advantage’ found. In 2001, ‘ISP’ licensees entry fee was only Rs 30 lakh. During these 12 years, tremendous changes in the market, but that it had no bearing on the DOT. DoT 2G and 3G license fee equivalent (Rs 1,658 crore) for a nominal fee, India 4G (BWA spectrum of 20 MHz) to give the license.
CAG draft report at the time it was the auction of the 3G and 4G proportional difference in price too, about Rs 20 653 million difference. Also integrated license fee amount 22 842 million, they will add the difference. Eight in May 2015, the CAG report tabled in Parliament in the final assessment of any of the above to refer the matter but probably forgot accountant insisted that the rules were made to improve the DoT never forget.
In September 2006, TRAI broadband service in rural and remote areas to pursue rapid expansion was also recommended. It was recommended that the BWA spectrum licenses every five years and for five years were 20 years of the license should be renewed. Smooth it felt it was necessary to keep the current terms and conditions. But contrary DoT gave 20 years of BWA spectrum license and that the license is canceled or if the company itself is a different matter if it wants to come out. But the situation is not the license will be valid for 20 years.
CAG said in its final report on the five-year renewal of the license to withdraw such conditions despite the Broadband Wireless Access BWA spectrum is not utilized optimally. Only one operator and it made its debut in select cities. Clearly, the auction on liberal policy, to no avail. ‘BWA spectrum extend service to remote villages not yet reached the area was one of the main goals of the auction.

Future of 4G?
According to the report, Bharti Airtel has four fields, some of them began his service in selected cities. The Aircel eight, five and Ogere deltoid is an area near the service has not started. The big players ‘RJio’ service area to 22, but has not yet started its service anywhere. However, its service began in December 2015 and has been announced for The Economic Times ‘RJio’ as a partner of the “Startup Awards is going to function. They say they ‘live’ is a revolution in India is introducing a new digital era, which will benefit the millions of Indians and their lives will change. Reliance Industries Ltd. in the past five years about 80 thousand crore Reliance Jio ‘has spent on. CAG in the final report referred to the fact that the DoT ‘UAS’, ‘CMTS’ and ‘BWA spectrum prices did not come from an equally
Because “UAS” and “CMTS” their spectrum to pay five per cent, while the two ‘BWA’ operators to use spectrum was asked to pay one per cent of the price.
Finally, a major question still remains that the CAG wrote about DOT mistake but it ‘unfair advantage’ of the amount, 22 842 Rs 3,367 crore in just eight months, how has changed.

Bureau Report