We are losing out on so much of our potential because of regulatory constraints
Promoters to dilute stake post conversion
India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel and Vodafone Idea putting in bids. Over 2,250 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at reserve or start price, was offered for bidding in the auction that began on Monday. Telecom Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 and 2500 MHz bands. The auction, he said, will continue on Tuesday. Bids were received in 800 MHz, 900 MHz, 1800 MHz, 2100 MHz and 2300 MHz bands. About one-third of the spectrum being auctioned is in the 700 MHz band, which was completely unsold during the 2016 auctions. This, analysts said, was mostly because operators are unlikely to diversify into a new spectrum band that would require incremental investment in equipment, when other sub-GHz bands are availa
Telecom operators will need to submit their application by February 5 for participation in the auction
Service delivery is lost in pursuing auctions
Such telcos should pick up AGR bill, says apex court
Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.
The order is on the resolution plan for Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular.
It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid
BSNL has a nice piece of real estate in the 2500 band, but doesn't have the engineering capacity to farm the band
The government, in March last year, enhanced the number of annual instalments for spectrum payment from 10 to 16 years to provide relief to the debt-laden telecom sector
The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular
Airtel had entered into the Rs 3,500-crore deal with Aircel to acquire rights to use the latter's 4G spectrum in eight telecom circles
The govt should look at re-auctioning unsold air waves
It said indirect tax revenue has been up 27% in April-August period as against a budgetary target of 10% growth
The government has put up airwaves worth Rs 5.66 lakh crore for sale
Telecom operators' market cap stagnant over past seven years, while govt earned Rs 2.83 lakh crore of revenue from telcos
This is the first time that government will auction the 700 Mhz band
Move could potentially push up broadband costs for consumers as ISPs currently pay 'formula-based spectrum charges'
Vodafone and Idea are expected to be key participants in these auctions, as Bharti Airtel has spruced up its spectrum portfolio already