
An Empowered Group of Ministers on telecom on January 3 deliberated upon several issues regarding spectrum auction due this fiscal, but did not reach a final decision and would meet again on January 7. "EGoM deliberated on 1800/900 MHz spectrum but it could not discuss CDMA (800 MHz). Auction does not seem possible by January 18 but will take place during this fiscal," a top source said. ...

03:22 PM, Jan 03, 2013

The Empowered Group of Ministers on telecom is scheduled to meet on Thursday to discuss modalities about the spectrum sale due this fiscal. The EGoM, headed by Finance P Chidambaram, will discuss the auction plan prepared by the Department of Telecommunications (DoT) after Cabinet approved the sale of unsold GSM spectrum in 1800 Mhz band and in the premium 900 Mhz spectrum band. ...

10:15 AM, Jan 03, 2013

New Delhi: An Empowered Group of Ministers (EGoM) on Monday decided to refund licence fee of companies whose telecom licences were cancelled earlier this year but had no criminal charge against them. The EGoM, headed by Finance Minister P Chidambaram, also decided to recommend to the Cabinet a one-time fee on existing telecom operators for spectrum they hold beyond 4.4 MHz. The Supreme Court in February had cancelled 122 licences...

08:50 AM, Oct 09, 2012

New Delhi: Ahead of the scheduled meeting of EGoM on telecom on Friday, GSM industry body COAI wrote to the panel's head, Home Minister P Chidambaram, that the new model being considered to fix spectrum base price will lead to hike in tariffs. "By changing the payment model to lower upfront charges, higher revenue share...will not address the fundamental issue that the price is unsustainable and will significantly increase cost...

12:03 PM, Jul 20, 2012

New Delhi: A high powered ministerial panel on Thursday discussed modalities of auction of telecom spectrum but some issues, including the price for sale of airwaves, could not be finalised. The reconstituted Empowered Group of Ministers under Home Minister P Chidambaram deliberated on auction of spectrum for nearly three hours but could not reach finality on the minimum or base price for auction of spectrum. While it appears that the...

09:03 PM, Jul 12, 2012

New Delhi: A ministerial panel headed by Finance Minister Pranab Mukherjee on Tuesday approved starting the process to auction spectrum which would be freed in the wake of Supreme Court cancelling 122 licenses. The Empowered Group of Ministers (EGoM) gave the approval to the process for selecting an auctioneer who will conduct the fresh round of bidding for spectrum as mandated by the apex court. "The EGoM has approved the...

09:05 PM, May 01, 2012