The telecom sector is rising very fast, says telecom minister Ravi Shankar Prasad, highlighting that it has seen the highest foreign direct investment (FDI) inflow in the last 5 years, improved transparency in spectrum auction and consistently growing mobile manufacturing, which has reached 10 crore units in 2015.
Telecom companies particularly want spectrum to be put for auction so that the reserve price is lowered. It is going to have an impact on the one-time fee which companies such as Reliance Communication and Tata Telecommunications will have to pay.
Speaking to CNBC-TV18, Rajan S Mathews, director general, Cellular Operators Association of India, has slammed the Department of Telecommunications (DoT) for sending the whole issue back to TRAI by rejecting its recommendations on the spectrum pricing.
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Telecom Regulatory Authority of India received reference from the department of telecommunications seeking recommendation on spectrum price for the third round of auctions.
The Cabinet will tomorrow discuss four options on prospective spectrum pricing, reports CNBC-TV18‘s Malvika Jain.
The department of telecom (DoT) is likely to move a cabinet note on spectrum pricing policy next week. It proposes to ask telecom companies whose licenses have not been impacted by the Supreme Court's 2G cancellation order to pay market determined price for spectrum currently held by them.
Sanjay Kapoor, chief executive officer of Bharti Airtel (India & South Asia) is glad to know that more spectrum will be available soon. He also feels that India not only needs to provide globally competitive environment, but also physical and virtual infrastructure to invite more FIIs.
Expectations from the telecom sector have been high, as usual, from the Budget. What exactly did the industry want and what did the finance minister give out? Here's a quickie!
Here is a comprehensive list of demands from the world's fastest growing market- India Telecom. Will Budget 2012 connect with their wants?
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.
CNBC-TV18 caught up with JS Sharma, chairman of Trai to get his outlook on the big move by the SC cancelling all licenses given out in January 2008.
The Department of Telecom indicated that it could be accepting TRAI’s recommendation of a one-time payment for excess spectrum. GV Giri, telecom analyst at IIFL spoke to CNBC-TV18 about the prospects for the sector going ahead.
The Telecom Ministry has set up a panel that will frame an Act on spectrum pricing and allocation to ensure efficient use of radio waves, amid controversy on such issues related to the 2G services.
Vodafone Essar, India's third-largest mobile carrier and controlled by Vodafone said in a statement on Wednesday second-generation mobile spectrum pricing proposals by The Telecom Regulatory Authority of India (TRAI)