Auditors appointed by the government to look into violation of revenue reporting norms are understood to have submitted the report on Reliance Communication and their findings on other telecos would follow in the coming weeks.
Telecom regulator TRAI has urged
the government to consult it before deciding on a uniform
license fee for operators, saying it has implications on the
Centre`s revenue as well as of the service providers.
The Home Ministry is learnt to
have raised a host of security-related issues with the Telecom
Department amidst security agencies raising concerns over
Chinese vendors supplying equipment to Indian vendors.
The Department of Telecom has
convened a meeting of Chief Executive Officers of telecom
companies on August 28 to discuss various issues, including
the roadmap for 3G telephony and the telecom operators` plans
for the same.
Finance Ministry has asked the DoT to put on hold further allocation of spectrum till a final view on Spectrum Review Committee`s report is taken, a move that may affect expansion of services by existing players.
The Department of Telecom will not have to wait for the Defence Ministry to release frequencies for auctioning 3G radio waves as it has an adequate amount of spectrum, a senior official said on Sunday.
Country`s biggest GSM mobile
company Bharti Airtel and South African MTN today apprised the
Telecom Ministry of their proposed 23-billion dollar deal that
could create one of the top three wireless companies in the
The government today allowed
telecom companies to raise money by issuing fresh shares -
either through private placement or public issue - but barred
them from selling stake for a period of three years.