Two-stage spectrum auction process is best option: KPMG

Jaideep Ghosh, Partner at KPMG Advisory Services spoke to CNBC-TV18 about the latest developments in the telecom space with respect to the modalities of spectrum auction.

Below is the edited transcript of the interview. Also watch the accompanying video. Q: Lets start by talking about eligibility. Bharti says keep out those players who did not meet their roll out obligations, AUSPI says keep out those players who are currently holding on to excess spectrum, the new telecom operators say our licenses were squashed we should get the right of first refusal, there should be a two stage auction, where do you stand on eligibility?
A: At this point of time, we are in such a situation that certain decisions taken by the regulator or the government and the outcomes of that will perhaps shape the telecom sector, how does it perform over the next decade. So it is that kind of an important situation.
I would think that the auction mechanism eligibility and base price needs to be balanced to match the expectations of all stake holders. Who are the stake holders? Firstly the government