“2G auction should be for all" : Bharti Airtel

Posted By: Religare
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“2G auction should be for all
With the apex court ordering fresh 2G license auction within four months, the telecom giant Bharti Airtel has demanded a level playing field for all the telecom players whose licenses were cancelled this month by the Supreme Court, said media reports.

Bharti Airtel's regional CEO, Sanjay Kapoor said all the telecom players should be allowed to bid in auction of 2G licenses, stressing the fact that under fair market mechanism everyone should get equal right in participating in whatever is available in market.

However, Uninor has proposed that only those bidders should be invited who got licenses in 2008. Uninor, a joint venture of Norway's Telenor and Unitech, stands to lose its 22 licenses after Supreme Court ordered to cancel 122 licenses issued in 2008 auctions.

Kapoor, however criticized TRAI's move to regulate tariffs in the sector, citing that it will be a double blow to the industry. The double blow, he cited, referred to the fact that TRAI's tariff control will further have pressure on margins which were already reeling under high prices paid for 2G and 3G spectrums.

“There is enough competition in the market and, therefore, the market will decide what tariffs would finally prevail and what the customers would afford and what the competition would drive", he added.

Read more about: bharti airtel, uninor, 2g
Story first published: Wednesday, February 8, 2012, 23:37 [IST]
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