Business Daily from THE HINDU group of publications
Wednesday, Jan 09, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Wednesday, Jan 09, 2008 ePaper | Mobile/PDA Version |
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Regulatory Bodies & Rulings Info-Tech - Telecommunications DoT set to issue letters of intent to new players Our Bureau New Delhi, Jan. 8 The stalemate in the telecom sector could soon end with the Department of Telecom set to issue letters of intent to new players. Unitech, STel, Shyam Telelink, HFCL and Sterlite are among those which are likely to get LoIs as per a list of qualified companies prepared by the DoT. As many as 46 companies had applied for new licences, most of which had approached DoT in September last year. Some of the applications have been held back due to awaited security clearances or due to lack of net worth of the company. The DoT move to give LoIs follows an in-principle assurance from the GSM operators that they will not oppose the decision as long as the application for new licences from existing operators are also cleared. Existing GSM operators including Idea cellular, Vodafone Essar, Spice Communications and Aircel had applied for new licences almost a year back to expand their network to all the circles in the country. DoT has decided to issue LoIs to these companies as well. “We have no problem with the entry of new players as long as DoT processes the applications from existing operators as well,” said a n dustry official. The move to issue LoIs also shuts out any possibility of an auction for 2G spectrum. DoT is expecting to get more than Rs 10,000 crore from entry fee collected from the new players. However, the actual roll out of services by the new operators depends on spectrum availability. While DoT claims it has a roadmap for making available 60 Mhz more, it depends on when the defence forces agree to vacate radio frequency. Govt to begin spectrum allocation to new players New telecom licences: DoT fixes cut-off date ‘Count me in’ More Stories on : Regulatory Bodies & Rulings | Telecommunications
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