Telcos meet Secy over TRAI recommendations on spectrum auction
Quotes

Telcos meet Secy over TRAI recommendations on spectrum auction

Last Updated: Monday, April 30, 2012, 23:55
 
 Comment 0
 
Telcos meet Secy over TRAI recommendations on spectrum auction
New Delhi: Representatives from four companies, whose licences have been cancelled by Supreme Court in February, Monday met Telecom Secretary R Chandrashekhar on issue of spectrum auction and expressed their concern over recommendations made by sector regulator TRAI.

According to sources, Telenor Group Executive Vice President and Uninor CEO Sigve Brekke, along with representatives from Idea Cellular, Sistema Shyam Teleservices and Videocon Telecommunications, who were part of the meeting.

"The appointment was sought when June 2 deadline for licence cancellation was hanging. Representatives expressed concern on TRAI's recommendation on spectrum auction. Telecom Secretary assured that auction related matters are being dealt expeditiously," sources said.

Brekke is learnt to have apprised Telecom Secretary about his concern on sustainability of company's business if TRAI's recommended prices for spectrum auction are accepted by the government.

TRAI on April 23 recommended a base price of Rs 3,622 crore for a megahertz of pan-India spectrum, which is around 10 times higher than the price at which 2G licences, bundled with 4.4 Mhz spectrum were allocated in 2008 under then Telecom Minister A Raja.

According to TRAI recommendations, a minimum of 5 Mhz should be allotted, which means that pan-India spectrum in 1800 MHz band will cost Rs 18,000 crore.

However, Telecom Secretary said things can be further expedited only after receiving final recommendations from TRAI.

"He said that DoT is expecting to receive TRAI's recommendation by May 17 as scheduled and only try to get it at an earlier date," sources said.

PTI


First Published: Monday, April 30, 2012, 23:44


Comments


comments powered by Disqus
Google I/O 2014
Google I/O 2014
Maker Faire @ White House
Maker Faire @ White House
Amazon unveils 3D `Fire` smartphone
Amazon unveils 3D `Fire` smartphone
RIL`s 40th AGM
RIL`s 40th AGM
Samsung Galaxy Tab S
Samsung Galaxy Tab S

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved