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DoT set to issue letters of intent to new players
The stalemate in the telecom sector could soon end with the Department of Telecom set to issue letters of intent to new players, reports Business Line.
Existing GSM operators including Idea cellular , Vodafone Essar, Spice Communications and Aircel had applied for new licences almost a year back to expand their network to all the circles in the country. DoT has decided to issue LoIs to these companies as well. "We have no problem with the entry of new players as long as DoT processes the applications from existing operators as well," said a n dustry official.
The move to issue LoIs also shuts out any possibility of an auction for 2G spectrum. DoT is expecting to get more than Rs 10,000 crore from entry fee collected from the new players. However, the actual roll out of services by the new operators depends on spectrum availability. While DoT claims it has a roadmap for making available 60 Mhz more, it depends on when the defence forces agree to vacate radio frequency.
