Devas-Antrix Deal Flashcards
Which agreement to Antrix launch two satellites and lease 90% of S-band to Devas?
Devas - Antrix Deal
Antrix will get
2 sattelites
Devas will get
90% of S-Band to Devas
____ granted India S-band spectrum in the 1970s.
International Telecommunication Union
When was it signed?
Jan 2005
ISRO would lease to Devas two communication satellites:
(GSAT-6 and 6A) for 12 years
The deal was cancelled in
2011
Devas Multimedia initiated arbitration against the annulment at the
International Chambers of Commerce (ICC)
Two separate arbitrations were also initiated under the
Bilateral Investment Treaty (BIT)
Two separate arbitrations were also initiated under the Bilateral Investment Treaty (BIT) by :
- by Mauritius investors in Devas Multimedia under the India-Mauritius BIT
- by Deutsche Telekom – a German company – under the India- Germany BIT
What was the result of disputes?
India lost all three disputes and has to pay a total of USD 1.29 billion in damages.
The frequency, ____, is globally used for providing mobile broadband services using fourth generation technologies such as WiMax and Long Term Evolution (LTE).
S-band spectrum
S-band spectrum is also known as
2.5 Ghz band
An agreement made between two countries containing reciprocal undertakings for the promotion and protection of private investments made by nationals of the signatories in each other’s territories. Name it
Bilateral Investment Treaty
Antrix Corporation Limited (ACL) :
- is a wholly owned Government of India Company under the administrative control of the Department of Space
- in September 1992
- is a marketing arm of ISRO
It is to facilitate international connectivity in communications networks, it allocates global radio spectrum and satellite orbits, develops the technical standards that ensure networks and technologies seamlessly interconnect, and strives to improve access to ICTs to underserved communities worldwide. Name it
International Telecommunication Union
* Founded in 1865
* Based in Geneva, Switzerland
India got elected as a member of ITU Council for another
4 years
from 2019 to 2022
India has been a regular member of ITU since
1952
It is the oldest among all the 15 specialized agencies of the UN. Name it
ITU
____ is the world’s largest business organization working to promote international trade and responsible business conduct.
International Chamber of Commerce (ICC)
* since 1923
* is in Paris, France
