Telecom News

Spectrum Auction Likely to Be Held in September : Telecom Minister !!!

Advertisement

Manoj Sinha, our new telecom minister mentioned that the Government expects to hold the mega spectrum auction in September, through which it hopes to garner Rs. 5.66 lakh crores.

The minister, who took charge earlier this week, said: “We expect spectrum auction to be finalised in September.”

Last month, the Union Cabinet had approved the spectrum auction plan. The government expects to raise at least Rs. 64,000 crores from the auction of about 2300MHz of spectrum and Rs. 98,995 crores from various levies and services in the telecom sector.

On call drops, where the industry and the government have been at the loggerheads, Sinha assured that he expects “qualitative progress” on the issue in coming 5-6 months.

Advertisement

“Department of Telecom will work on the framework for providing relief from call drops in the long term,” he said, adding the issue will be discussed in next 15-20 days.

Asked about Congress’ allegations of a telecom scam, he said, “Whatever happened in the past has nothing to do with this government. Since the time this government has come in power, there has been no such complaints. The process of recovering money from telecom operators will be completed in definite time,” he added.

Source

Advertisement

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
How to whitelist website on AdBlocker?

How to whitelist website on AdBlocker?

  1. 1 Click on the AdBlock Plus icon on the top right corner of your browser
  2. 2 Click on "Enabled on this site" from the AdBlock Plus option
  3. 3 Refresh the page and start browsing the site

Adblock Detected

Please consider supporting us by disabling your ad blocker