S Tel meets telecom minister A Raja on security issues

Officials from telecom company S Tel, which has been asked to stop services due to national security concerns, have met telecom minister A Raja to resolve the issue

Officials from telecom company S Tel, which has been asked to stop services due to national security concerns, on Monday met telecom minister A Raja to resolve the issue, reports PTI.

S Tel, which offers mobile services in three circles of Himachal Pradesh, Bihar and Orissa, was asked to stop operations last week as it is yet to get security clearance from the Intelligence Bureau (IB).

The IB nod is a must for any telecom firm to start services, senior officials in the Department of Telecom said, adding that the matter was likely to be resolved soon as there was no other concern except pending security clearance.

However, when contacted, S Tel said that services to its existing customers were still functional and the company was hopeful that the matter would be resolved soon.

The company has licences for three more circles of Jharkhand, Jammu & Kashmir and Assam, but is yet to start services there.

Bahrain Telecommunications Company (Batelco), which has 42.7% stake in S Tel, has entered into a partnership with Islamic investment bank Global Banking Corporation (GBC), which has acquired 11% stake in S Tel for $50 million. GBC’s buying 11% in S Tel will indirectly raise Batelco's stake in S Stel by 6.3%.
 

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