The amount generated so far is about 86 per cent of what the 3G auction fetched in 2010.
While RBI cut its policy rate by 50 basis points in April, none of the banks have delivered a BR cut of the same amount yet.
Spectrum qualifies for the infrastructure criteria, say ministry officials.
Her wardrobe is meant for dancing the night away.
More than 87 per cent of the spectrum has been allocated to bidders.
The company has purchased the rights to use the 1,800 MHz spectrum in 6 circles.
'Our border guarding forces have also been instructed to be exceptionally alert in view of this complex situation.'
Government needs to take a call on the DoT-MoD faceoff....
The multi-mission communication satellite, also known as PAKSAT MM1, was launched from the Xichang Satellite Launch Center in China's southwestern province of Sichuan, China's state-run Xinhua news agency reported.
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The inter-ministerial body will take the final decision on October 29 taking into account Trai's reply.
The empowered group of ministers, headed by P Chidambaram (who has now taken over as the Finance Minister) has suggested a 20 per cent lower base or reserve price at Rs 14,000-15,000 crore (Rs 140-150 billion) for 5 Mhz of airwaves as against around Rs 18,000 crore (Rs 180 billion) recommended by sectoral regulator Trai for the auction of spectrum vacated after the Supreme Court order.
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
Bharti Airtel and Vodafone Idea will roll out revised mobile service tariffs increasing rates in the range of 10-24 per cent from the first week of July. Bharti Airtel announced a 10-21 per cent hike in prepaid and postpaid mobile tariffs from July 3, a day after larger rival Reliance Jio announced an increase in rates. Later in the day, loss-making telecom operator Vodafone Idea (Vi) also announced its plan to raise mobile tariffs by 11-24 per cent from July 4.
These circles account for 23 per cent of Bharti's revenues and armed with additional spectrum, it will eat into rivals' share
Chennai-based California Software Company Ltd (CalSoft) will acquire Bangalore-based WebSpectrum Software Pvt Ltd in a deal valued at about Rs 2.2 crore (Rs 22 million).
Everyone, from the government to companies and customers, is paying a price for the short-sighted policy on spectrum.
The New Telecom policy 2011 and the Spectrum Act are expected to address these concerns.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
Debate about the relative merits of auctions versus administrative allocation that Cornwallis started in 1784 is still going on.
Qualcomm had received its internet service provider licence last month, after a delay of 18 months, with a validity period of 20 years after a Telecom Disputes Settlement and Appellate Tribunal direction to DoT.
As a uniquely multi-hyphenated writer-director-lyricist-author, Gulzar has built a reputation across multiple spheres of film-making and literary creative endeavours. Dinesh Raheja salutes the Master who turns 90 on Sunday.
Suggesting delinking of spectrum from telecom licences, the Economic Survey for the year 2008-09 has suggested auctioning radio frequencies for the forthcoming 3G mobile services.
The Telecom Regulatory Authority of India on Friday recommended lowering spectrum charges paid by service providers to the government to 4% from 6% -- a move which may further bring down telecom tariffs.
Telecom companies as well as the regulator have been of the view that the auction should take place only when adequate spectrum is made available, and the bidding should be held simultaneously for both the services -- 2G and 3G.
The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
Spectrum auction on Thursday entered the 10th day of bidding and started off from Rs 61,091.83 crore (Rs 610.91 billion) in terms of value.
The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.
Spectrum auction kitty dips to Rs 1.05 lakh crore.
Responding to queries from the Central Vigilance Commission amid allegations from political parties that Rs 50,000 crore (Rs 500 billion) was squandered in distribution of spectrum, telecom ministry said it had gone by the book and had done nothing wrong.
Here are some of the top executives and politicians who have been linked to the 2G spectrum scam in India.
The Department of Telecommunication and mobile service providers, including Bharti Airtel, Vodafone and Reliance Communications failed to reach a consensus on the spectrum issue during a meeting held on Wednesday. According to sources, Reliance Communications Chairman Anil Ambani raised the issue of extra spectrum being held by GSM operators. He asked how over 6.2 MHz of radio waves have been given to GSM players beyond their contractual agreement.
Releasing its recommendations for BWA spectrum allocation on Friday, Trai has suggested that the auction should be done in blocks of 5 MHz each and any bidder can bid for one or two or three blocks. A company can bid up to a maximum to 15 Mhz in block of 5 Mhz. The bidder has to specify before the auction, the number of blocks he desires to bid for.
7 rounds have been completed with bidding in all 4 bands
From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.
Spectrum trading will happen in 9 circles.
Spectrum auction proceeds to help plug fiscal deficit: Moody's.
