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