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India panel OKs bandwidth auction for more than eight slots
| 07 июня 2012 |
A panel of Indian ministers has approved auctioning more than eight slots of telecommunications bandwidth across India but hasn't made a final call on the starting price for the spectrum sale, a federal minister said Tuesday.
The panel also decided to invite bidders for the proposed auction on Aug. 6, the minister, who is part of the ministerial panel and involved in the decision-making process, told reporters. He declined to be identified.
He also said that the panel agreed with the Indian telecom regulator's
recommendation of taking back 900 megahertz of spectrum from existing telecom
operators and assigning 1800-MHz spectrum via the auction process.
The
ministers met earlier Tuesday to make the final call on the starting price and
the number of slots to be sold, among other issues related to the bandwidth
auction.
India's telecom department can move ahead with the auction only after a final
decision by the ministers. The Indian government needs to complete the auction
by Aug. 31, the deadline set by the Supreme Court after it ordered the
cancellation of 122 telecom licenses, citing corruption in their 2008
allotment.
The auction is crucial for companies such as Telenor ASA and Sistema
JSFC as the court has revoked all of their licenses. They have been
allowed to carry on services until Sept. 7, but if they don't get bandwidth
through the auction, they may have to shut shop in India.
Other affected companies include Idea Cellular Ltd., which has six of its
licenses canceled.
Mobile telephone operators are opposing the proposals by the telecom regulator,
which suggested a base auction price that is several times more than the price
at which India allotted licenses and bandwidth in the past.
The decision on increasing the amount of spectrum to be auctioned to more than
eight slots of 1.25 MHz in each of India's 22 service areas should ease
concerns about the artificial scarcity that could have been created by pushing
up the auction price.
Telenor risks suffering on its Indian operations the biggest foreign investment
loss ever for a Norwegian company if it is unable to participate in the
upcoming auction and get radio bandwidth reallocated to it, Trond Giske,
Norway's minister of trade and industry, told Dow Jones Newswires in Oslo
Tuesday.
Источник: Total Telecom
Адрес: 105082, Россия, г. Москва, 2-й Ирининский пер, д. 3
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