The Hindu Business Line : Govt gets Rs 3,015 cr spectrum revenues from telcos in FY'08

NEW DELHI: The booming telecom sector has fetched Rs 3,015 crore revenues to the Government from spectrum fees in 2007-08. The revenue collections relating to spectrum charges is Rs 3,015 crore in 2007-08 while it was Rs 2,090 crore in 2006-07, the Mini ster of State for IT and Communications Jyotirditya Scindia told Lok Sabha in a written reply.

The sector has now 134 private licensees offering mobile services with a user base of 20.84 crore till February 2008 with a total investment of Rs 95,000 crore. Besides, 120 new private licensees are yet to commence operations, said the Minister.

The Government has already issued 126 Letter of Intents for grant of telecom licenses to 17 operators who have applied up to September 25, out of which 120 licenses have been awarded to 16 operators, he said adding 14 operators from this have applied for initial GSM spectrum.

The sector has received a total FDI of Rs 16,691 crore from August 1991 to March 2007, whereas the total FDI received in the country during the same period was Rs 2,32,041 crore constituting 7.19 per cent of the total Foreign Direct Investment, Mr Scindi a said. During the last three years, 143 licenses have been granted to 20 companies in 22 circles, out of which 120 licenses were issued early this year, he said. - PTI

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