Spectrum Sale

The rise in debt levels can be attributed at least in part to having to fund spectrum purchases. The finance minister would be ill-advised if he increased the budgeted spectrum revenue without taking into consideration the ground realities.

SC stays Aircel 2G sale; deal with Rel Com in jeopardy: Srcs

Sources tell CNBC-TV18 that Supreme Court has stayed Aircel's 2G spectrum sale. The apex court has directed the Department of Telecom to sell Aircel spectrum if promoters don't cooperate with agencies.

India's largest spectrum auction worth Rs 5.63 lakh cr starts

India's largest-ever spectrum sale where mobile airwaves worth Rs 5.63 lakh crore are up on the block kicked off today.

Spectrum sale: DoT to issue main auction paper next week

The NIA is the main document of spectrum auction which carries all details of radiowaves being put up for sale, rules, price and the like and is legally binding on both the government as well as bidders.

Cabinet approves 3% SUC for upcoming spectrum auctions

Setting the stage for the country's biggest ever spectrum sale, the Cabinet today approved 3 percent annual usage charge for the spectrum to be procured in the upcoming auction.

Long-term trend down but average Budget may trigger rally: Pros

According to Ashwani Gujral of ashwanigujral.com, if the Budget is neutral that is there is nothing positive or negative, there could be a pullback rally just because the uncertainty is out of the way but the long-term would continue to be on the downside

Union Budget 2015: FM stresses on Digital India, no major reforms in telecom

Finance minister Arun Jaitley, however, says: "The National Optical Fibre Network Programme (NOFNP) of 7.5 lakh kms, networking 2.5 lakh villages is being further speeded up by allowing willing states to undertake its execution, on reimbursement of cost as determined by DoT."

FinMin hopeful of containing fiscal deficit at 5.3%

The government is hopeful of restricting fiscal deficit at 5.3 per cent of the GDP in the current fiscal year in view of savings on certain expenditure and the likelihood of garnering budgeted proceeds from disinvestment and spectrum sale.

EGoM likely to discuss spectrum auction details on Jan 3

The Empowered Group of Ministers on telecom is scheduled to meet on January 3 to discuss modalities about the spectrum sale due this fiscal. "The meeting is scheduled for Thursday," sources said.

Uniform licence fee will erase doubt: E&Y

Telecom minister Kapil Sibal unveiled the draft New Telecom Policy today. In an interview with CNBC-TV18, Ashish Basil, Partner - Telecom Practice at E&Y discusses the new telecom regime and its impact on the sector as a whole.