Join Hands to Build a Smarter India: Sign in | Join now
News

Govt Cuts CDMA Spectrum Base Price By 50 Percent to Attract Bidders

Thursday, 17 January 2013, 05:33 Hrs
32
32
71
10
Print Email


New Delhi: Government today approved 50 per cent cut in the reserve price of CDMA spectrum, but companies said that there might not be any taker in the proposed auction as they feel even the reduced rates are still high.

“The Cabinet has approved 50 per cent reduction in 800 Mhz band (reserve) price which was fixed earlier at Rs 18,200 crore for 5 Mhz,” Telecom Minister Kapil Sibal told PTI.

With today’s reduction in price, existing CDMA players will have to pay one-time spectrum fee on the revised base price.

“It has been decided that existing CDMA operators holding spectrum beyond 2.5 Mhz will be charged at the revised reserve price, effecting from January 1, 2013, till such time as auction determined price becomes available,” Telecom Secretary R Chandrashekhar told PTI.

However, industry body representing CDMA players, AUSPI, said there will not be any bidder for the 800 Mhz spectrum band even at reduced price.

“50 per cent reduction is not adequate. We believe that even at 50 per cent reduction ... I will not be surprised if there are no takers,” AUSPI Secretary General Ashok Sud said.

The decision “reflects the growing realisation that demand for 800Mhz is very limited. The decision taken is a step in the right direction. However, as per ground realities one would have expected much greater reduction,” CDMA operator Sistema Shyam Teleservices, whose 21 licences has been cancelled by the Supreme Court, said.

GSM players body COAI said that the decision will lead to non-level playing field in the sector and it may approach court in the matter.

Sibal said that auction of CDMA spectrum will be held immediately after auction of GSM spectrum bands 1800 Mhz and 900 Mhz planned to start from March 11 onward.



Also Read:
IT Industry Pleased With Reported Result Ahead Of Estimates

IMF Cautions on Allowing Biz Houses into Banking Space


Source: PTI
Experts on SiliconIndia
Zafar  Ahmad
IT Project Manager
Infogain
Prakash  Kumar
Director IT
Delta Electronics In
Aakash  Mulchandani
Sr. Engg
Qualcomm
Siddharth  Sharma
Assistant Manager
Manipal
Guruprasad  Hegde
Founder and CEO
RealGuruu
Suresh  Avantsa
Founder
hubVirt Software
Chayan  Bhattacharjee
HR-Manager
TBG
Manoj Chandraprakash Powar
Managing Partner
Fountainhead
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   Events   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved