The Company‘s spectrum acquisition is in line with its strategy of building a robust network of the future and enhancing its leadership position in the fast growing data segment.
Delhi and Mumbai circles remained the most wanted in the 900 Mhz spectrum band.
January 4 is the last date for submission of applications by interested companies. The last date for companies to seek clarifications on rules stated in 'Notice Inviting Application' is December 28.
Sistema Shyam Teleservices had no choice but to bid in the 2G spectrum auction held today by the government if it wishes to continue operating in India, believes Ashok Sud, Secretary General Of AUSPI.
Videocon Mobile Services will roll out next generation of products and services by adapting a highly spectrum-efficient 4G technology across the newly-acquired circles in the second half of 2013, a top company official said.
Winners of recently held 2G spectrum auction will have to make payment, either in full or at least 33 per cent of the due amount, by December 1, the Department of Telecom said today.
The government's net revenue from the just concluded 2G spectrum auction may be only a few hundred crores of rupees after adjusting the entry fee already paid by operators in 2008 for licences that were later cancelled.
The government on Friday said telecom companies that win in the upcoming 2G spectrum auction will be allowed to raise cheap loans from overseas markets in the form the external commercial borrowings (ECBs).
Telecom tribunal TDSAT has rejected Reliance Communications' plea against the guidelines issued by the government for the proposed auction of spectrum.
Vodafone India said it had begun preparations for going public, but the initial public offering could take some time because of uncertain conditions.
The Telecom Commission is seeking clarity on 2G spectrum auction issues including the auction base price from the sector regulator, whose proposals have drawn howls of protests from mobile carriers.
Yesterday, the telecom regulator Telecom Regulatory Authority of India (TRAI) submitted recommendations regarding the 2G spectrum auction. In an interview to CNBC-TV18, experts speak about the regulations and give their outlook going forward.
A crucial issue that is at the heart of the upcoming 2G spectrum auction is the pricing of the spectrum. Trai is set to determine that within the next few days. Going by the initial reactions, it is clear that the base price for the auction may well be set higher than what the industry has called for.