"The government will decide their applications (for renewal of licences) within two weeks as per the law," Additional Solicitor General (ASG) A S Chandhiok told a bench of Justice Rajiv Shakdher.
Vodafone, Bharti Airtel and Loop Telecom had approached the high court against the Department of Telecommunications' (DoT) decision to put up for auction the more efficient 900 Mhz spectrum.
The telecom firms contended that they have in their possession the 900 MHz spectrum since November 1994 and without considering their plea for renewal of licence, the DoT has put up the radio waves for auction on March 11.
The companies moved the high court after the Supreme Court last week said that auction of 900 Mhz spectrum was not part of its February 2, 2012 order by which 122 2G licences in the 800 MHz band were cancelled and the companies were free to challenge it before any court of law.
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While Airtel contended that the DoT's decision was "premature", Vodafone said it had obtained the licence for 900 MHz band after competitive bidding in 1994 and it will expire in 2014.
Senior advocate Abhishek Manu Singhvi, appearing for Vodafone said, "I'm forced to bid for the spectrum which I have already with me. This (March 11) auction is for future providers whose service will be operative from 2014 after expiry of my licence. My application for extension is filed which is pending with DoT. Without taking a decision they are asking me to put 900 Mhz into auction.