According to sources, the spectrum auction payout by various companies stand at -- Vodafone likely to be at Rs 34,500 crore, Bharti Airtel at around Rs 27,500 crore, Idea (Rs 28,000 crore), Reliance Jio (Rs 11,000 crore) and Reliance Communications (Rs 2,300 crore).
Rajan S Mathews of the COAI and SC Khanna, former secretary-general, AUSPI explain to CNBC-TV18 that the exit of the three telecom companies was proof that the high level of uncertainty and exorbitant fees did not allow for lowering of costs or prices and hence lacked business sense.
COAI's Rajan S Mathew and AUSPI's SC Khanna discuss the implications of meeting of the empowered group of ministers on Tuesday in a panel discussion on CNBC-TV18.