Diabytes
Spectrum trading News
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Total debt on RCom is estimated to be around Rs 46,000 crore.
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RCom will receive about Rs 4,500 crore from RJIL for sale of 800-850 MHz spectrum in 12 circles.
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Mobile phones users can hope to have lesser call drops and better connectivity, as government has given out guidelines for trading of spectrum, allowing telecom operators to acquire airwaves for mobile services from other companie
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Telecom companies would be allowed to trade spectrum at a price achieved in the latest auction of airwaves or higher than that, an official source said.
Ability of telecom operators to trade spectrum may curtail excessive bidding in future auctions, credit rating agency Fitch said Thursday.
Telecom Minister Ravi Shankar Prasad has called a meeting of DoT officials Friday to discuss a taxation issue related to proposed spectrum trading guidelines.
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The Cabinet is likely to approve by month end the long-awaited guidelines on spectrum trading and sharing, that will pave way for merger and acquisitions in the telecom sector, a senior government official said today.
Sectoral regulator TRAI has reiterated most of its recommendations on spectrum sharing and trading guidelines while clarifying that airwaves acquired through trading can also be shared.
Telecom Minister Ravi Shankar Prasad on Saturday said the guidelines for telecom spectrum trading and sharing will be in place by the end of the year.
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