Once launched, RJio services will cover over 18,000 towns and over 200,000 villages across all the 22 service areas of the country
It also said that 44 establishments were found running without a valid health trade license and also without a no-objection certificate from the fire department.
'We want to achieve overall profitability, and then we would go for an IPO.'
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.
DoT and the company have not done anything that breached the guidelines mentioned in the notice inviting applications for the auction of the BWA spectrum in 2010, it stated in a reply to CAG's draft audit report.
The Telecom Regulatory Authority of India on Monday issued an addendum to its consultation paper on unified license regime and said it was ready to consider all suggestions in this regard.\n\n
In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.
Trai calls both Jio and incumbents for a meeting to discuss the issue
The company's licences in 15 circles have been cancelled as a part of the court's verdict.
DoT further clarified that since 2003 as many as 51 new licences were issued prior to January 2008 under the same guidelines on first come first served basis.
Out of 122 Unified Access Service licences awarded in 2008, as many as 85 licences were given to the six new entrants to the telecom sector.
The framework for new licences will be ready by end of this financial year.
Raises cap of market share for merged entity to 50%, spectrum trading allowed, with riders.
However, this rule will not be applicable to companies holding licences for a period of three years, even if they acquire licences in other circles to expand their operations, according to sources close to the development. The suggestion was made by the DoT to the Telecom Regulatory Authority of India, which will decide on making it a regulation, along with other suggestions on the lock-in period put forward by the licensor.
In its report tabled in Parliament, the CAG said the Swan Telecom's application was 'in effect against the intent and spirit' of the Unified Access Service Licencing guidelines as it was among those beneficiaries which 'suppressed facts, disclosed incomplete information and submitted fictitious documents' to the department of telecommunication.
The ISPs had already made a presentation to telecom minister Kapil Sibal to request his help in such a process if the government did not want to continue with the current ISP regime.
Airtel, Vodafone-Essar favour delinking; Reliance, Tata oppose.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
DoT plans to initiate move that might lower the revenues telcos share with government.
To bring clarity, the department clearly defines terms such as promoter and competitor.
In stark contrast with the Telecom Regulatory Authority of India (Trai) recommendation that only Unified Access Service Licence (UASL) licence-holders should participate in 3G auctions, Communications Minister A Raja today suggested that foreign telecom companies, too, would be permitted to bid for 3G spectrum.
In a bid to spread its telecom footprint across the country at a time when the government has decided to unify basic and cellular licences, Tata Teleservices has applied for licences in 7 more circles, including Madhya Pradesh and Rajasthan.
Cellular Operators Association of India, the association for GSM operators, has taken legal opinion which clearly states that the government cannot go in for auctioning of 2G spectrum and deprive them of additional spectrum.
This is the second instance of a realty firm foraying into telecom in less than a month. In August, Delhi-based Parsvnath Developers had submitted an application to the DoT for a Unified Access Service licence in 22 circles.
The government has turned down Bharat Sanchar Nigam's Limited's proposal to offer services in Mumbai and Delhi metros, saying guidelines do not permit it.
A former TRAI chief, who appeared before a Parliamentary panel today, rejected suggestions that private telecom players benefitted from his decisions.
The exercise is ostensibly for security reasons and to prevent misuse of the freedom of speech in cyberspace.
The private cellular operators have asked the Telecom Regulatory Authority of India to consider fixing the annual licence fee at 6 per cent across all segments, as part of full unification of telecom services.
Department of Telecom had sought the legal opinion of the matter from the government's counsel.
DoT has stated in an internal note that the 3G roaming agreements between these three companies are tantamount to their becoming mobile virtual network operators, something not allowed under the current policy.
Sunil Mittal-owned Bharti Group may soon become the first private telecom company to offer services in Jammu and Kashmir if their licence application gets government approval.
New operators, including Uninor, MTS, STel, Etisalat DB and Videocon, which were given unified access service (UAS) licences in 2008, have together captured 14 per cent of the incremental share in addition of new subscribers over the last one year.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
The government on Tuesday tabled in Parliament the Comptroller and Auditor General of India (CAG) report on 2G spectrum allocation, whose reported extracts have created a political storm and led to the resignation of Telecom Minister A Raja.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
The ongoing arguments in the case remained inconclusive and would continue on August 5
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