The PMO in a statement said that ‘no decision has been taken by the Government to allocate space segment using S-Band Spectrum to ANTRIX or Devas’. “The question of revenue loss does not arise and any such reports are without basis in fact”, the stamen said.
The PM spokesperson said that te Comptroller and Auditor General’s office and the Department of Space have already issued statements stating the factual position on the matter.
Media report alleged that government has lost huge revenue in a contract entered into by ANTRIX and Devas Multimedia Pvt. Ltd. due to lease of space segment capacity which would use S Band Spectrum.