Telecom service providers do not own spectrum: Supreme Court
The Hindu·2026-02-13 20:31
The Supreme Court on Friday (February 13, 2026) laid down that telecom service providers (TSPs) do not own spectrum, a precious and finite public resource meant to be used for the common good of all, and cannot include it among their pool of “assets” for insolvency or liquidation.A Bench of Justices P.S. Narasimha and Atul Chandurkar held that Insolvency and Bankruptcy Code (IBC) excludes any assets over which a corporate debtor has no ownership rights.“Mere recognition of spectrum licensing rights as an in ...