None of our officials decided spectrum lease to Devas

New Delhi: Indian Space Research Organisation has said none of its official or anyone from Antrix Corporation or Space department was involved in the decision to lease precious S-band spectrum to Devas Multimedia at a throw away price in a controversial satellite deal which has been since annulled by the Centre. The ISRO, which came […]

New Delhi: Indian Space Research Organisation has said none of its official or anyone from Antrix Corporation or Space department was involved in the decision to lease precious S-band spectrum to Devas Multimedia at a throw away price in a controversial satellite deal which has been since annulled by the Centre.

The ISRO, which came under criticism over the deal that could have caused a huge loss to the exchequer, also refused to make public the contract which its commercial arm Antrix Corporation Limited had signed with Devas Multimedia in January 2005.