Telcos formed cartel in 2G spectrum sale CAG

"The report had said that if an auction is held, it would yield a revenue to the tune of Rs 1 lakh 76 thousand crore. The fact is that an auction was held. But where is that 1 lakh 76 thousand crore"? Tewari said. Union Information and Broadcasting ...

New Delhi: Two ministerial panels on telecom matters --EGoM that will decide on the third round of spectrum auction, and GoM that will take a call on revival of BSNL and MTNL-- are likely meet in the next 10 days, sources said. The EGoM would take a ...

Saturday, May 18, 2013, 9:32 IST | Place: New Delhi | Agency: DNA DNA Correspondent The Empowered Group of Ministers (EGoM) will meet in about 10 days to take a decision on the third round of the 2G spectrum auctions, a senior Department of Telecom (DoT) ...

The 3G spectrum auction, held in 2010, was hailed as the most successful auction ever for the government. It added Rs 67,000 crore to its coffers. However, the operators who participated in the auction are farther than ever from making money. Tata ...

Even as a section in Government feels that high reserve price is the reason for the recently held unsuccessful auctions and the matter should be referred back to Telecom Regulatory Authority of India (Trai), the body seems not to be in agreement. A ...

The government should auction the entire spectrum available with it at a realistic reserve price as early as possible for quick roll-out of broadband services, said the Cellular Operators Association of India (COAI), the industry body representing ...

Having acquired licences in eight circles in the March auction for the 800 MHz spectrum, Sistema Shyam Teleservices (SSTL) plans to deploy a version of 4G technology on single 1.4MHz carrier to maximise its data potential. That's some revival for a firm that ...

The telecom sector today faces crippling impasse about spectrum and licensing. The two recent auctions for spectrum failed to attract sufficient bidders. Telecom companies are resisting high reserve prices and one-time fees for spectrum. The ...

NEW DELHI: Adopting auction route every time for allocating spectrum "does not make sense", and the Cabinet will decide on the issue based on a DoT panel report that is expected soon, Telecom Minister Kapil Sibal said today. "In every case should we ...