Matrimonial |  Properties |  Jobs |  Classifieds |  Ask Doctor |  Live TV |  Cartoon |  Sponsored Greetings |  Astrology  |   Red Chillies |  Tips for life |  Tribute |  Debate







      Search in

Wednesday, May 02, 2012 4:59:31 PM (IST)  

Telecom Honchos to Meet Sibal

New Delhi, May 2 (IANS): Chiefs of top telecom firms, including Bharti Airtel and Vodafone, will meet Wednesday evening Communications Minister Kapil Sibal to discuss their concerns following the TRAI's recommendations on spectrum auction.

The meeting will take place at Sibal's residence. It will have Sunil Bharti Mittal, chairman and managing director, Bharti Airtel, Vittorio Colao, chief executive, Vodafone Group, Jon Fredrik Baksaas, chief executive officer, Telenor, and Kumar Mangalam Birla, chairman, Aditya Birla Group, a telecom department official told IANS.

The chiefs met the secretary of the Department of Telecom (DoT) R. Chandrasekhar earlier in the day and are expected to meet Finance Minister Pranab Mukherjee as well.

On Feb 2, the Supreme Court had ordered the cancellation of 122 telecom licences and asked the government to redistribute the licences through auction.

Now Telecom Regulatory Authority of India (TRAI) has come up with recommendations for the auction.

It has proposed the pan-India spectrum reserve price at Rs.3,622.18 crore for a 5 megahertz (Mhz) block in 1800 Mhz band.

It has also said that the auction would be open to all the players, including the incumbents and the new players. Only those firms which are holding spectrum beyond the prescribed cap should not be allowed.

The proposals have received strong criticisms from the industry and sector watchers alike, following which the Telecom Commission has sought more information and clarifications from the regulator on its recommendations.

In a joint letter, the firms last week also urged Sibal not to accept TRAI's recommendation or else the call tariffs would shoot up by 25-30 percent.

They have also requested the minister to reduce the reserve price by about 80 percent and auction all available spectrum.



Stay updated wherever you go with Daijiworld.com and Daijiworld 24X7 tv channel mobile apps.
CLICK HERE to download it for your device.
(available on Android and IOS)

 
Print this Article
Email this article to your friend
 
 
Write your Comments
 
News Title Telecom Honchos to Meet Sibal
Your Name
Native Place / Place of Residence
Your E-mail
Your Comment
[Please limit your comments within 2000 characters]

You have characters left.
Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.
 
Security Validation
Enter the characters in the image above
 
 
Published by Daijiworld Media Pvt Ltd Mangalore
Editor-in-chief : Walter Nandalike


Corporate Office :
Daijiworld Residency,
Airport Road, Bondel Post,
Mangalore - 575 008
Karnataka India
Telephone : +91-824-2982023
City Office :
First Floor,
Divya Deepa Arcade,
Bendorewell, Kankanady,
Mangalore - 575 002
Karnataka India
Telephone : +91-824-4259372
e-mail   General enquiry: office@daijiworld.com, News & Info : news@daijiworld.com

Disclaimer | Privacy Policy | About Us
Copyright 2001 - 2014. All rights reserved.
Our Franchise Offices
Kishoo Enterprises, Maithri Complex, 3rd Floor,
Udupi Service Bus Stand, Udupi, Karnataka. Pin 576101
Telephone : 0091-820-4295571
e-mail : udupi@daijiworld.com
Daijiworld Middle East FZE
P.O.Box: 84772, Dubai, UAE
Tel: 971-50-6597629  Fax: 971-4-2639207
Email: dubai@daijiworld.com
There has been a database error. Technical Support has already been notified. You will be informed when this issue is resolved. Thank you for your patience!