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23 Results Found
  • Cabinet may consider relief package for telecom sector on September 15 Sep 14, 2021 10:42 PM IST

    Cabinet may consider relief package for telecom sector on September 15

    The relief package under consideration includes telecom firms getting an option to convert interest on spectrum dues of the four-year moratorium period into government equity, three sources with the knowledge of the development said.

  • Telcos pay over Rs 32,400 cr to govt for spectrum purchase Oct 21, 2016 08:30 AM IST

    Telcos pay over Rs 32,400 cr to govt for spectrum purchase

    The Department of Telecom had set the deadline of October 20 for depositing the upfront payments for spectrum bought by operators in the auction that ended on October 6.

  • Tax from IDS to cushion spectrum auction shortfall: FM Oct 10, 2016 07:52 PM IST

    Tax from IDS to cushion spectrum auction shortfall: FM

    As much as Rs 65,250 crore of undisclosed assets were brought to light during the 4-month one-time compliance window ending September 30, yielding the government Rs 29,362 crore in taxes, half of it in the current fiscal.

  • Airtel's purchase of Aircel spectrum credit positive: Moody's Apr 12, 2016 12:50 PM IST

    Airtel's purchase of Aircel spectrum credit positive: Moody's

    The company has rolled out fourth-generation or 4G services in 427 cities across 14 circles already, as it had secured a pan-India data enablement in the 2010, 2014 and 2015 auctions, through a combination of the 900 Mhz, 1800 Mhz and 2300 Mhz bands.

  • Supreme Court rejects telcos' plea for licence extension May 14, 2015 05:22 PM IST

    Supreme Court rejects telcos' plea for licence extension

    The Supreme Court has dismissed a batch of petitions filed by various telecom companies, including Vodafone and Bharti Airtel, seeking extension of their spectrum licences.

  • Spectrum auction concludes, govt garners over Rs 1 lk cr Mar 25, 2015 05:57 PM IST

    Spectrum auction concludes, govt garners over Rs 1 lk cr

    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).

  • Day10: Spectrum auction bids marginally up at Rs 1.02 lk cr Mar 15, 2015 04:07 PM IST

    Day10: Spectrum auction bids marginally up at Rs 1.02 lk cr

    As per the Department of Telecom, at the end of 61st round, about 87 percent of the spectrum has been provisionally allocated to bidders. The total auction proceeds were Rs 1,01,432 crore till Saturday, with the sale of about 87 percent of the available spectrum in various bands.

  • Govt failed to defend its own policies, says Praful Patel Dec 21, 2013 05:15 PM IST

    Govt failed to defend its own policies, says Praful Patel

    "I think the last three years, somewhere we have lost the direction on this count and that has costed the country dearly and that has costed us politically," he added.

  • Unsure of meeting telecom spectrum auction target: FM Jul 07, 2013 03:38 PM IST

    Unsure of meeting telecom spectrum auction target: FM

    The government again placed unsold spectrum worth Rs. 45,000 crore for auction in March 2013 after reduction in base price but only Sistema Shyam Teleservices made bids worth Rs. 3,693 crore for CDMA spectrum.

  • Tata Teleservices to surrender excess spectrum Apr 17, 2013 06:19 PM IST

    Tata Teleservices to surrender excess spectrum

    Tata Teleservices today said it will surrender telecom spectrum beyond 2.5 mega-hertz in all ircles barring Delhi and Mumbai in "protest" against government move to charge one-time fee for airwaves beyond this threshold.

  • DoT working on spectrum allocation policy at auction price Mar 28, 2013 09:47 PM IST

    DoT working on spectrum allocation policy at auction price

    The government is examining whether telecom spectrum can be allocated administratively at the price that was discovered through auction, a process which was stopped following the Supreme Court verdict in the 2G spectrum case.

  • Trial court summons Mittal, Ruia in 2G spectrum case Mar 19, 2013 03:50 PM IST

    Trial court summons Mittal, Ruia in 2G spectrum case

    In a further blow to the beleaguered telecommunication industry, the 2G telecom trial court today issued summons to Sunil Mittal, Chairman & MD Bharti Cellular in the ongoing additional spectrum allocation case.

  • Govt looks at Rs 39,895 crore from spectrum auction Dec 20, 2012 08:21 PM IST

    Govt looks at Rs 39,895 crore from spectrum auction

    The government is learnt to be preparing fresh plans to auction telecom spectrum that can fetch around Rs 39,895 crore.

  • FM optimistic on 5.3% deficit despite 2G spectrum debacle Nov 16, 2012 05:08 PM IST

    FM optimistic on 5.3% deficit despite 2G spectrum debacle

    Government is taking steps to revive growth and will be able to meet the fiscal deficit target despite lukewarm response to telecom spectrum auction, Finance Minister P Chidambaram said.

  • Four rounds on, response to spectrum auction remains muted Nov 12, 2012 04:01 PM IST

    Four rounds on, response to spectrum auction remains muted

    The keenly watched auction of telecom spectrum today got a lukewarm response with no company bidding for pan-India radiowaves as demand concentration was on select areas such as Gujarat and Uttar Pradesh (East).

  • 2G auction: 2nd round ends with dull response Nov 12, 2012 03:11 PM IST

    2G auction: 2nd round ends with dull response

    Telecom spectrum auction opened Monday to a lukewarm response with key circles such as Delhi and Mumbai finding no takers in the initial rounds.

  • SC auction rule gives clarity; to boost investment: Experts Sep 28, 2012 12:20 PM IST

    SC auction rule gives clarity; to boost investment: Experts

    In an interview with CNBC-TV18, Ajay Bahl, Founding Partner of AZB & Co said the judgment is a well crafted one that just reinstates common sense principles. Eventually, it will help to avoid a lot of confusion, he opined. Adi Godrej, President of CII too welcomes the verdict and feels, there will now be a pick up in infrastructure activity.

  • Spectrum order risk for telcos; Bharti top pick: JM Fin Aug 06, 2012 11:04 AM IST

    Spectrum order risk for telcos; Bharti top pick: JM Fin

    The cabinet on Friday had fixed a minimum base price of Rs 14,000 crore for the auction of telecom spectrum. While there has been mixed reactions from the street, Sanjay Chawla of JM Financial believes the litigation remains a real risk for the telecom sector.

  • BJP gets sarcastic over Chidambaram heading telecom EGoM Jul 06, 2012 06:31 PM IST

    BJP gets sarcastic over Chidambaram heading telecom EGoM

    BJP today said the likely appointment of Home Minister P Chidambaram as head of the Empowered Group of Ministers on telecom spectrum was like making him the 'policeman' in the case.

  • Chidambaram may head EGoM on telecom Jul 06, 2012 04:40 PM IST

    Chidambaram may head EGoM on telecom

    Home Minister P Chidambaram may head the Empowered Group of Ministers (EGoM) on the allocation of telecom spectrum, which was reconstituted today after Agriculture Minister Sharad Pawar declined to head it.

  • EGoM on spectrum deferred Jun 21, 2012 06:23 PM IST

    EGoM on spectrum deferred

    The Empowered Group of Ministers headed by Finance Minister Pranab Mukherjee was first slated to meet at 1730 hrs today but was postponed to 2030 hrs. It later deferred indefinitely, official sources said.

  • EGoM to meet on June 5 for fixing spectrum base price May 28, 2012 10:08 PM IST

    EGoM to meet on June 5 for fixing spectrum base price

    An Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, will meet on June 5 to decide on the base price for the much-awaited auction of telecom spectrum. "The EGoM will meet on June 5," Department of Telecom Secretary R Chandrashekhar told reporters here.

  • 2G auction: Trai sets steep minimum price Apr 23, 2012 08:00 PM IST

    2G auction: Trai sets steep minimum price

    Telecom regulator TRAI today proposed a steep minimum price for auction of 2G telecom spectrum, setting off fears of a hike in mobile phone tariffs which are at present among the cheapest in the world.

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