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Spectrum auction takes off from Rs 56,554 crore on 7th day

Last Updated: Monday, February 10, 2014, 11:11

Spectrum auction on Monday entered the 43rd round of bidding on seventh day after starting off from Rs 56,554 crore in terms of value, ensuring minimum revenue of about Rs 16,750 crore in the current fiscal.

'Govt hopeful of achieving revenue target from spectrum sale'

Last Updated: Thursday, December 26, 2013, 19:42

"Hopefully, we will achieve the Rs 40,000 crore revenue target from auction," Farooqui told reporters here after meeting Economic Affairs Secretary Arvind Mayaram.

CDMA spectrum: Standoff continues as TRAI questions DoT again

Last Updated: Wednesday, December 25, 2013, 19:33

"DoT in their last communication has given reference of section 25 but there was no clarity as to why they have referred to it. TRAI has asked them to clarify the reason for referring section 25," a source said.

FinMin clears SPV proposal for electronic clusters

Last Updated: Sunday, December 22, 2013, 11:25

In July 2012, the Cabinet had approved the proposal to offer financial support for the development of EMCs.

Cabinet asks Telecom Min to decide fast on CDMA spectrum price

Last Updated: Thursday, December 12, 2013, 19:31

Union Cabinet is learnt to have asked the Telecom Ministry to decide on reserve price of CDMA spectrum expeditiously, which has been the bone of contention between the Department of Telecom and telecom regulator TRAI.

Govt mulls additional Rs 25,000 cr spending on rural wi-fi

Last Updated: Tuesday, November 19, 2013, 23:50

The government is considering a proposal to spend an additional Rs 25,000 crore over 10 years to provide wi-fi services in rural areas.

PAC seeks details from Telecom Min on allegations against TRAI

Last Updated: Friday, October 25, 2013, 19:51

"PAC has requested this ministry to furnish a detailed factual note to them urgently ... On the points raised in the representation (by NGO Telecom Watchdog) for placing before Chairman, PAC," an official source said.

Telecom Ministry issues LoI for new licence to Reliance Jio

Last Updated: Thursday, October 10, 2013, 17:39

The telecom ministry has approved new telecom licence for country's only pan-India 4G spectrum holder Reliance Jio Infocomm Limited and issued letter of intent to the company for taking the licence.

Sibal's meeting with industry deferred till Sep 11

Last Updated: Monday, September 02, 2013, 12:53

"Yes, it has been deferred to September 11. We have informed about this to industry players," a Department of Telecom official said.

Vodafone may sell $1 bn Bharti Airtel stake

Last Updated: Saturday, August 03, 2013, 09:17

At Bharti's stock price of about Rs 345, the stake is worth roughly USD 1 billion.

TRAI may get power to penalise service provider under new bill

Last Updated: Sunday, June 30, 2013, 18:50

Under this Bill, the Telecom Ministry wants to entrust TRAI with new task to periodically monitor efficient use of spectrum.

RCom opposes proposal to remove cross holding exemption

Last Updated: Tuesday, June 04, 2013, 19:31

Reliance Communications in a letter to Telecom Minister Kapil Sibal has said that DoT's proposal on removing exemption given on cross holding norms, if implemented, "will tantamount to closing operations of Reliance Telecom" -- its GSM arm.