Business

Airtel, Vodafone, Idea to be charged for extra spectrum

Meetu Jain, CNN-IBN | Updated Feb 08, 2012 at 09:06pm IST

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New Delhi: In what comes as another shock for the telecom industry, the government is set to recommend that older players like Bharti Airtel, Vodafone and Idea be charged for excess spectrum that they hold.

CNN-IBN has accessed a draft Cabinet note that is set to recommend the same. Sources say that the draft is expected to be finalised within a week and a decision on this is likely in the next two weeks.

The telecom players will be retrospectively charged for any spectrum they hold in excess of 6.2 megahertz, that is considered start-up spectrum.

The Telecom Commission has estimated that this could cost the industry nearly Rs 37,000 crore.

The Cabinet note suggests that the spectrum should be charged from the date of allocation that was about 10 years ago.

For the government, it may not seem to be a setback as out of the total spectrum of 122 MHz, 67 MHz is held by BSNL, which is a Central firm.

However, for players like Airtel, Vodafone and Idea, this may come as a major setback. This may also be seen as a major setback for the telecom industry, especially after the Supreme Court cancelled 122 2G licences allotted after 2008.

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Companies

Bharti Airtel

Posted on Apr 11, 2013 at 12:52PM IST
Bharti Airtel, formerly known as Bharti Tele-Ventures LTD (BTVL) is India's largest cellular service provider with more than 92 million subscribers as of February 2009.[1] It also offers fixed line services and broadband services. It offers i ...

Companies

Vodafone

Posted on May 24, 2013 at 11:58AM IST
Vodafone is a mobile network operator with its headquarters in Newbury, Berkshire, England, UK. It is the largest mobile telecommunications network company in the world by turnover and has a market value of about 」75 billion (August 2008). V ...

Companies

BSNL

Posted on May 09, 2013 at 11:35PM IST
Bharat Sanchar Nigam Limited (known as BSNL, India Communications Corporation Limited) is a public sector telecommunication company in India. It is India's largest telecommunication company with 24% market share as on March 31, 2008. Its headq ...

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