With the Telecom Regulatory Authority of India (Trai) refusing to reserve 900-MHz spectrum for incumbent telcos, asking them to vacate the quantity held and win back through bidding, GSM operators, led by the Cellular Operators Association of India (COAI), have decided to propose a compromise formula.
The intial round of efforts did not achieve the objectives fully.
'Students tell me their parents are fine with them either joining a start up or even starting one. This was not the case 10 years ago.'
