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The Access Services department, an internal wing of DoT that looks after licensing matters, is learnt to have sought approval of higher authorities on the matter.
"We may accept the request of Bharti to apply for migration from UASL (existing licence) to UL in a prescribed application format given in UL guidelines," the AS wing is has said.
Early this month, Airtel had sought DoT permission to apply for UL saying that the conditions in the new permits should be subject to the outcome of all disputed matters that are before the courts.
The company, in the letter dated November 1, had listed seven matters that are sub-judice including extension of licence, one-time fee and spectrum usage charges and definition of adjusted gross revenue (AGR) in which government levies various fees.
The UL conditions bar telecom operators from entering into 3G inter-circle roaming arrangements that Airtel, Idea and Vodafone have been following. Thus, these companies are able to provide full 3G services even in areas where they don't have the radiowaves, using the spectrum of their partners. DoT has termed these pacts as illegal.
All the three companies have disputed DoT's version of rules and challenged it before court.
Seeking migration, Airtel had said: "It is our submission that certain terms and conditions of the UL & UL Guidelines already form the subject matter of pending court proceedings, to which the DoT is also a party.
"These proceedings are at an advanced stage of adjudication before various courts and tribunals across India and both parties are bound by and will continue to be bound by the interim orders that have been passed therein till the final disposal.
"Therefore, the rule of sub-judice will apply to all clauses of the UL & UL guidelines, which forms subject matter of proceedings, and would be subject to the final orders and principles laid down by courts/TDSAT," Airtel said.
DoT has already issued UL to Idea Cellular which too migrated with similar conditions, as sought by Airtel, to the new licences.
Bharti Airtel stock price
On November 25, 2013, Bharti Airtel closed at Rs 336.70, up Rs 0.35, or 0.10 percent. The 52-week high of the share was Rs 373.50 and the 52-week low was Rs 266.95.
The company's trailing 12-month (TTM) EPS was at Rs 11.45 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 29.41. The latest book value of the company is Rs 135.70 per share. At current value, the price-to-book value of the company is 2.48.
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