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Wednesday, 12 April2023

If Co goes Bankrupt, Creditors Won't Be Allowed to Sell Spectrum.

If Co goes Bankrupt, Creditors Won't Be Allowed to Sell Spectrum.

<p>The proposed telecom bill has clarified the issues of spectrum ownership for businesses going through insolvency proceedings and the regulation of OTT communication services, as per the analysts.&nbsp;Additionally, the bill implies that the value of spectrum cannot be sold by creditors in accordance with the Insolvency &amp; Bankruptcy Code and that spectrum ownership will remain with the government.</p>

Read full story at Economic Times
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