Given the uproar over the 2G spectrum scam, and the increasing concern over the S-Band spectrum deal by ISRO's commercial arm Antrix with Deutsche Telekom backed Devas Multimedia, the Indian Prime Minister's office has issued a statement saying that "no decision has been taken by the Government to allocate space segment using S-Band Spectrum to ANTRIX or Devas. Hence, the question of revenue loss does not arise and any such reports are without basis in fact." Media reports had alleged that Antrix's deal with Devas, a company founded by former Scientific Secretary at ISRO, MG Chandrasekhar, which had provisions for allotting 70 MHz of scarce S-Band spectrum, would have caused a loss of Rs 2,00,000 crore to the government. Yesterday, The Hindu published what are allegedly, the agreements signed between Antrix and Devas Multimedia. You may download the documents here (we're keeping an offline copy in case The Hindu removes them). Please Note that MediaNama cannot vouch for the authenticity of the document, and the notes below are based entirely on the agreement published by The Hindu: - Devas planned to offer Mobile TV service: Devas planned to offer S-DMB service - a satellite and terrestrial broadcasting (mobile TV) service. The agreement allowed audio and video content and information and interactive services, across India that will be delivered to fixed, portable, and mobile receivers including mobile phones, mobile video/audio receivers for vehicles etc. - Payment Terms: According to the contract, Devas would have to pay an upfront capacity reservation fees of $20…
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