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Besides the 2G imbroglio, telecom stocks will now have to handle the 3G problem as the Department of Telecommunications has decided that the agreements signed by telecom operators for third-generation (3G) mobile roaming services are illegal. The move dealt a severe a blow to attempts by telecom companies such as Bharti Telecom and Idea Cellular to boost revenue by offering such higher-paying services to more customers. Laid at the door of the Telecom Disputes Settlement and Appellate Tribunal, the case saw the tribunal direct the Government not to take any “coercive” action against these companies – Bharti Airtel, Idea Cellular and Vodafone – over inter-circle-roaming agreements until January 3. It may be recalled that in July Bharti Airtel Ltd, Idea Cellular and Indian unit of UK's Vodafone Group PLC entered into a pact among themselves to provide 3G roaming services in areas where they do not have bandwidth.
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