To strengthen its case further, the company would also stress upon the The Supreme Court's ruling where it made clear that Videocon did not benefit from the first-come first-served policy or that it was involved in any wrongdoing .
Videocon Telecom has decided to put its case against the government on fast track in the telecom tribunal in 2015, where it had sought damages worth going up to Rs 10,000 crore due to loss of business as a fallout of the Supreme Court cancelling 2G licenses of the company among eight others, the Economic Times reported.
The decision came after the special court on Thursday that acquitted all accused in the 2G scam case.
A senior executive told the newspaper that the case was filed just before the three year period of pleading against the SC decision, and the demand at that time was between Rs 5,500 crore and Rs 10,000 crore, taking into account financial losses, loss of business and compensation.
"We've taken a loss of Rs 25,000 crore to the business even when there was no fault of ours, so the 2G judgement will strengthen our case to seek relief from the government," he said.
To strengthen its case further, the company would also stress upon the The Supreme Court's ruling where it made clear that Videocon did not benefit from the first-come first-served policy or that it was involved in any wrongdoing .
Earlier this week, a special CBI court acquitted, UPA telecom minister A Raja, who was the telecom minister in the first UPA government, along with DMK leader Kanimozhi and 17 others in the 2G spectrum allocation scam.
The special court judge OP Saini pronounced his verdict as 'not guilty' for all accused due to lack of evidence.
The case relates to alleged below-market-price sale of lucrative telecoms permits bundled with airwaves in 2008, which a federal auditor said may have cost the government as much as Rs 1.76 lakh crore in lost revenue. The scam came to light following a report by the Comptroller and Auditor General of India during the second term of the UPA government headed by Manmohan Singh.
DMK working president MK Stalin has issued a statement after the 2G verdict. “The CBI court has given a historical verdict. The 2G case was filed in 2009. In the political history, the 2G case was foisted to defame and destroy DMK. It is a false case made up of goofed up figures. In such a case, the special court has acquitted all of them. We are very happy over the order. The court order proved that the DMK has not done anything wrong. I request the media to show the same enthusiasm of how it sensationalized the 2G scam when the case was filed. In the same way, you should take this news of acquittal to all the people,” he said.
DMK's RS Bharathi also hailed the CBI court’s verdict, saying that the case to begin with was a false case. "For the past 2 assembly elections, the case was used against us, now it has been proved to be wrong," he added.
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 "Videocon Telecom to seek Rs 10,000 cr for damages from govt after 2g order")
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