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Raja: No telecom scam or resignation
Press Trust of India, Thursday October 22, 2009, New Delhi

The CBI on Thursday searched offices of the Department of Telecom in connection with alleged irregularities in allocation of 2G spectrum to some of the new players.
   
CBI sources said a team of its sleuths were conducting searches at the Sanchar Bhawan in New Delhi after registering a case in this connection last evening.

But Union Telecom Minister A Raja, under scanner for the alleged irregularities, denied any rules were violated and said he won't resign.

"All decisions on allocation of 2G spectrum has been taken as per TRAI recommendations and as per approval of the Prime Minister. There is no question of resignation," he said.

But the CBI sources said that all records pertaining to the allocation of spectrum to new players in January 2008 will be taken to see if there were irregularities in the process.

None of the DoT official was available for comments.
 
In 2008, eight new players were given licences along with bundled 4.4 MHz spectrum to start mobile services.
 
The telecom ministry had come under attack for doling out spectrum very cheap compared to its actual market value.

CVC had recommended a CBI probe into the procedures followed for selecting companies for giving 2G spectrum.

Eyebrows were raised when two of the new players - Unitech Wireless Services and Swan Telecom -- sold part of their stake at huge premium within days of getting the licences.
 
The government had given telecom licence along with start up spectrum at Rs 1,651 crore for pan-Indian services.
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Posted by Subbu on Oct 23, 2009
Congress has to brainstorm and find a way to get rid of DMK from UPA in the long run if not immediately. They are proving to be a liability and a huge risk in the future. A grand alliance sans the two major Dravidian parties should emerge with the Congress at its center. People like VCK and DMDK have potential to grow.
Posted by bored on Oct 22, 2009
Scrutinize the entire MK family and their team, that shud help most indians comes out of poverty.
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