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8/2/2019 Buss Etics Final

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2G SCAM STATUS: HOW IT CAN

BE HANDLED?

Presented By : Roll No

Gajanan Tandale 32

Deepti Tikekar 34

Sonal Yadav 36

Sagar Zawar 38

Supriya Amin 40


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http://nikhilsinghal27.files.wordpress.com/2011/09/5.jpg


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WHAT IS 2G??

Second-generation wireless telephonetechnology

Use digital signaling

Relatively new technology in the field of

mobile

Not just a network but a good technology


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ADVANTAGES

Increase sound quality by reducing static andlowering the noise

Lower power emissions

Batteries can be smaller

Require less battery power

SMS and email


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WHAT IS 2G SCAM??

Entire country is divided into 22 Telecom

Circles

For every Circle , a separate telecom

license is issued

Licenses with start-up spectrum (4.2 MHz)

were issued for mobile services


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WHAT IS 2G SCAM??

Gov. awarded 122 telecom licenses with 2Gspectrum in 2008

Rates were according to year 2001

Ignored current market value of the spectrum

As a Result Mobile subscriber base had shotup to 350 million in 2008 from 4 million in2001


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FACTS

Government of India Officials

Undercharging mobile telephony companies

Frequency allocation licenses

Cut-off date for applications advanced by a week

Licenses issued on a first-come-first-served basis

No proper auction process followed, no bids

invited


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FACTS

Ignored advice of TRAI, Law Ministry, FinanceMinistry , Finance Ministry

TRAI had recommended auctioning of spectrumat market rates.

Mobile subscriber base:

2001 : 4 million

2008 : 350 million

The private companies sold their equities toforeign telecom companies at a very high price


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PARTIES ACCUSED

Politicians

A K Raja

M K Kanimozhi

Corporate Personalities

Anil Ambani

Vinod Goenka

Venugopal Dhoot

Media Persons

Barkha Dutt

Vir Sanghvi


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COMPANIES INVOLVED

Unitech, Swan Telecom got licenses

without any prior telecom experience

Criteria ignorance

Loss estimated to be 176,645 crore

Unitech(sold 45% )

SWAN(sold 60%)

License price Rs.1537 crore Rs. 1661 crore

Sale of stake Rs.4200 crore Rs. 6200 crore.


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UNETHICAL ISSUES

Unofficial work for the sake of money

Low maintenance or a well centralized

Administration

Misuse of corporate ethics policies asmarketing instruments

Too much power in hands of very few

Wrong use of power for unethical work


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UNETHICAL ISSUES

No morality

Absence of fair competition

Ignored main aim of the Government : ServingPeople

Personal greed puts business ethics at stake

No Transparency

Amendment of rules and regulations


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STEPS TAKEN BY GOVERNMENT

Set up a special branch of CBI

Telecom Minister resigns his post

CBI arrested A Raja


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VIEWS

For Companies

Code of Conduct

Revaluation of business

Framing Special policies

Fair competition

Understanding Social Responsibilities


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VIEWS

For Government Strict laws and penalties

Public notices for taking actions against accused

Different regulatory authorities and policies

Separation of Duties

Collection of information for every collaborationwith foreign company

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