NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News  » Business » Trai sticks to spectrum price-cut proposals

Trai sticks to spectrum price-cut proposals

November 06, 2013 13:36 IST

A man speaks on a mobile phone.Telecom Regulatory Authority of India iterated on Wednesday its recommendations for a sharp cut in the reserve prices in an upcoming auction for mobile phone spectrum, responding to clarifications sought by the telecommunications ministry.

The telecommunications regulator had recommended last month that the reserve price for spectrum in the 900 megahertz band in some key cities be cut by about 60 per cent, and also suggested a 37 per cent cut in the reserve price for spectrum in the 1800 megahertz band.

The Cabinet has the final say on the spectrum price proposals, while a panel of ministers will decide on some other rules for the auction planned for January.

Image: A man speaks on a mobile phone at a marketplace in New Delhi; Photograph: Anindito Mukherjee/Files/Reuters

Devidutta Tripathy in New Delhi
© Copyright 2018 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.