New telecom rules likely by June 2012: Ministry
The country will let cellular carriers share airwaves and allow for consolidation.
New Delhi: India's new telecom policy is likely to be approved by June, the telecom ministry said in a statement on Friday, delaying the keenly awaited policy by about six months as the government allows for more time for consultation.
"To facilitate wider consultation, the time period for giving feedback was extended by a month. Now the comments will be consolidated and further consultation will happen, which will take a little more time," a telecom ministry official said.
India is overhauling its decade-old telecom rules after the sector was hit by a massive licensing scandal that a state auditor said could have cost the government up to $39 billion in revenue.
The country will let cellular carriers share airwaves and allow for consolidation in the crowded 15-player market that has also been battered by ferocious competition, the government said in a draft telecoms policy released in October.
Telecom Secretary R Chandrashekhar said last month the policy was likely to be unveiled in January.