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Banks may not fund spectrum buys if priced at high levels: SBI

Last Updated: Friday, August 16, 2013, 19:44

Country's largest lender SBI has said banks may not lend for telecom spectrum purchases if prices are kept high, like in the case of 3G airwaves auction, as such funding is treated as unsecured loans.

Spectrum sale: TRAI begins consultation for auction round III

Last Updated: Tuesday, July 23, 2013, 17:32

Telecom regulator TRAI Tuesday started fresh consultation process for valuation and reserve price of spectrum for third round of auction, after failure of two rounds which industry had attributed to high base price.

Govt unsure of meeting telecom spectrum auction revenue target

Last Updated: Sunday, July 07, 2013, 15:32

With two rounds of auctions of telecom spectrum flopping due to high price, Finance Minister P Chidambaram is unsure if the Rs 40,847 crore target through the process for current fiscal will be met.

EGoM likely to recommend spectrum price, revisit old norms

Last Updated: Monday, June 24, 2013, 22:49

The Empowered Group of Ministers on telecom headed by Finance Minister P Chidambaram in its meeting on Wednesday may decide on spectrum price for the proposed third round of auction of airwaves.

COAI calls for auctioning entire spectrum, questions delay

Last Updated: Friday, May 10, 2013, 17:09

Telecom industry body COAI Friday said the government should auction the entire spectrum available with it at a realistic reserve price as early as possible for quick roll-out of broadband services.

Court adjourns additional 2G spectrum allocation case to Apr 29

Last Updated: Monday, April 22, 2013, 10:57

A Delhi court today fixed April 29 for hearing the matter in additional 2G spectrum allocation case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.

Spectrum auction: Lone bidder SSTL bids for eight circles

Last Updated: Monday, March 11, 2013, 08:43

The government will get around Rs 3,639 crore from the 2G spectrum auction for CDMA services, which ended Monday with Russian conglomerate Sistema's Indian unit SSTL being the only bidder.

2nd round of spectrum auction from tomorrow, SSTL lone bidder

Last Updated: Sunday, March 10, 2013, 19:35

The second round of 2G spectrum auction for CDMA services will start tomorrow and it may last just an hour as Russian conglomerate Sistema's Indian unit SSTL is the only bidder.

CBI pulled up for not naming corporate honchos in telecom scam

Last Updated: Friday, March 08, 2013, 22:53

The court, after hearing CBI's arguments, reserved its order for March 19 on the issue of taking cognisance of the charge sheet.

EGoM to discuss third round of spectrum auction on Wednesday

Last Updated: Tuesday, March 05, 2013, 16:05

"There will be discussion over the third round of spectrum auction which Department of Telecom (DoT) has to conduct to comply with the Supreme Court order," government sources said.

'Spectrum revenue estimate in Budget 2012-13 was without analysis'

Last Updated: Friday, March 01, 2013, 21:15

"Last time, the Rs 40,000 (crore) was put in there without any analysis. Just a number was put in there. This time I have got it broken down to last digit and I hold them to that number and I will try to get that number," Chidambaram said in TV interviews.

Spectrum auction base price too high in India: Vodafone CEO

Last Updated: Tuesday, February 26, 2013, 22:06

Vodafone, which has not applied for taking part in spectrum auction in March, Tuesday said the reserve price set is too high and the company cannot afford to pay in India where there is uncertainty about airwaves and revenues are low.