Trai recommendations on spectrum pricing soon: Media Reports

Subscribe to GoodReturns
The Telecom sector regulator TRAI will soon roll out recommendations on the valuations of spectrum for third round of auction, said chairman Rahul Khullar to the media.

"The recommendations will come very shortly," said Khullar during an open house discussion on the matter.

The recommendations would be coming after telecom companies warned that higher spectrum prices might lead to call, SMS rates going up by around 50 per cent. India's largest telecom company by number of subscribers Bharti Airtel had said that "The value of spectrum should not be too high, which will inevitably result in significant increase in consumer tariffs, unsold spectrum and consequently, no revenues for the exchequer."

Trai had earlier recommended about 11-fold increase in the base price for spectrum from the amount paid by operators in 2008, raising concerns for players like Bharti Airtel, Vodafone India and Loop Mobile who will have to get their licences renewed in 2014.

Read more about:
Story first published: Monday, August 26, 2013, 22:00 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'