The Supreme Court Of India Extends Time Limit For Fresh 2G Auction: [Report]

Must Read

WhatsApp Might Lose 60 Million Indian Users Post Updated Policy Changes, New Survey Reveals!

The Facebook-owned instant messaging platform’s decision to update their privacy and terms of service brought about a...

Uber and Ola In Hot Water: India Authorities Launch Fresh Probe!

The Directorate General of Goods and Services Tax Intelligence (DGGI) sent a summons to Uber and Ola...

Trump Administration Has Landed Its Final Blow On Chinese Companies: Xiaomi Blacklisted!

In its recent move to safeguard national security, the United States’ Trump Administration has decided to go...

A discussion over 2G scam has persisted since a last year in India and political maneuvers are still at the pinnacle. Finally, the Supreme Court of India has given some relaxations to Telecom operators, extended the deadline for the auction of 2G licenses from June to August 31, 2012. It’s well-known that the court cancelled all 122 licenses after hearing 2G scam petitions. The court asked to telecom operators—whose license were cancelled—to continue till September 7, 2012 without any interruptions. However, the court has rejected the Government’s plea to extend the fresh auction for 400 days across the country.

On the other sides, the Telecom Regulatory Authority of India has recommended auction price for 2G spectrum in 22 circles. The authority has laid down multiple rounds for the conduction of 2G spectrum auction. TRAI has recommended a reserve price for different bands such as operators will have to pay RS 3,622.18 crore on per MHz purchase in 1800 MHz band, while they will have to pay Rs 7244 crore and Rs 14000 crore in 800 and 900 MHz and 700 MHz bands respectively for every MHz purchase.  The telecom regulator has also proposed a limit of 5 MHz in each of the 22 circle on 1800 MHz band across the country.

This time, TRAI seems tenacious towards some incumbents such as Airtel, Vodafone and Idea. The telecom regulator has proposed re-distributions of 900 MHz band and also said that incumbents will have to surrender existing spectrum bands, besides, they will also have to pay more for acquiring such spectrums. In addition to these,  TRAI has also informed the government to return about 2X 2.4 MHz of spectrum from MTNL–according to telecom regulator the vendor has acquired more spectrum as per requirements.

Advertisements

Anyway, the extension of refresh auction date will rejuvenate some vendors, whose license have already been cancelled by the supreme court of India. However, despite of the court decision, over 6.86 million new GSM connections were added in the last month.

3 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Snapchat Spotlight: A New Way for Creators to Earn Money

Short-form video applications have increased overwhelmingly in popularity in recent times. The surge in this format of...

COVID-19 Unemployment Leading To Ageing Indian Workforce, CMIE Reports

The latest data shared by the CMIE aka Centre for Monitoring Indian Economy has highlighted a huge red flag.

The Slip-Ups Keep On Coming: WhatsApp Web Users’ Mobile Data Leaked On Google

As the developments have unfolded over the past week, the clock for WhatsApp seems to be ticking with every passing minute and...

Trump Administration Has Landed Its Final Blow On Chinese Companies: Xiaomi Blacklisted!

In its recent move to safeguard national security, the United States’ Trump Administration has decided to go after China’s second-biggest smartphone marker...

Huawei Is Gunning For Acquiring A Fifth Of Android’s Userbase With Its Own HarmonyOS!

After Google’s ban on Huawei in 2019, the Chinese-origin tech company is all set to roll out HarmonyOS later in 2021 as...

Battle Lines Are Drawn: Qualcomm’s Latest Acquisition to Challenge Apple, Intel

The quest to gain supremacy creates a butterfly effect for sure. With the challengers and the champion pulling out all stops to...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This