EGoM on telecom to discuss status of court cases on Thursday

EGoM on telecom to discuss status of court cases on Thursday New Delhi: The Empowered Group of Ministers on telecom, headed by Finance Minister P Chidambaram, is scheduled to meet on Thursday and likely to discuss the status of court cases that can impact spectrum auction process.

"(EGoM) to discuss status of court cases," a source said.

The Supreme Court will hear 2G spectrum case on February 4 which may have impact on auction proceedings and there are also chances of litigation against the government decision on slashing spectrum price for the second round of auction, sources said.

The DoT has already issued the guidelines for the second round of spectrum auction which is expected to fetch around Rs 45,000 crore to exchequer from airwaves sale.

The guidelines, however, did not mention about the timeline for starting auction and related dates.

Telecom Minister Kapil Sibal has earlier said that the auction is planned to start from March 11 onwards.

In the second round of auction, government will put unsold GSM spectrum in 1800 Mhz band and airwaves held by telecom licences in 900 Mhz band that is coming for renewal starting 2014 onwards.

Government slashed base price of CDMA spectrum by 50 percent and unsold GSM spectrum by 30 percent. The price of spectrum in 900 Mhz has been fixed at two times the price of airwaves in 1800 Mhz.

The EGoM is also likely to discuss the fees paid to the auctioneer, Times Internet with E-Procurement, for the next round of auction, sources added.

PTI