Final decision on 2G pricing within 3 months

Tuesday, 29 March 2011, 07:29 IST
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New Delhi: The Telecom Ministry will take a final decision on 2G spectrum pricing and on those holding airwaves beyond contracted limit of 6.2 Mhz, based on recommendations of TRAI, within next three months before seeking Telecom Commission's approval. "Decision on 2G spectrum pricing is expected in next 3 months. DoT internal committee is finalising it. After we get it we will send the same to Telecom Commission," Department of Telecommunications (DoT) Secretary R Chandrasekhar told reporters here. Last month, telecom regulator Trai had recommended over six-fold increase in the spectrum price to Rs 10,972.45 crore for a pan-India license with 6.2 Mhz spectrum as compared to Rs 1,658 crore now. In fact the regulator had classified valuation of spectrum in two categories. There are different prices for spectrum up to contracted limit of 6.2 Mhz and for additional airwaves.
Source: PTI