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Telecom: Incumbents to benefit but uncertainties galore

Emkay Global Financial Services has come out with its report on telecom space.

February 03, 2012 / 18:43 IST

Emkay Global Financial Services has come out with its report on telecom space.

  • Supreme Court has passed ruling to cancel 122 licenses for 11 telcos (licenses issued from 2008 onwards). Operators are allowed to operate for 4 months with the existing licenses

  • As per the media articles TRAI is expected to come up fresh recommendation on re-auction of licences within next 3-4 months time frame

  • Cancellation is a slight positive as cancelled licenses contribute minuscule revenue but it would result in lesser number of operators in the industry. Likely that non-serious operators would not bid in re-auction process

  • Idea Cellular
first published: Feb 3, 2012 06:24 pm

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