Business Standard
Monday, May 21, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Trai begins process for auction, floats pre-consultation paper
BS Reporter / New Delhi Feb 04, 2012, 00:10 IST

The Telcom Regulatory Authority of India (Trai) on Friday issued a pre-consultation paper on allocation of 2G spectrum in 22 circles by auction, following the Supreme Court order yesterday to cancel the 122 licences issued in January 2008 and directive to it to frame new norms for grant of licence through auction.

Stakeholders could send their comments by February 15, Trai said in a statement. The telcom regulator said it had been directed by the Supreme Court “to make fresh recommendations for grant of licence and allocation of spectrum in 2G band in 22 service areas by auction, as was done for allocation of spectrum in 3G band”.

Spectrum of 450-540 MHz is expected to be released after the cancellation of licences in all 22 circles. On spectrum management and licensing framework, Trai had recommended on May 11, 2010, that all future licences should be unified licences and that spectrum be delinked from the licence.

The regulator said keeping the time-bound nature of exercise in view, no extension would be given for sending comments.

In its order yesterday, the Supreme Court said, “Within two months, Trai shall make fresh recommendations for grant of licence and allocation of spectrum in 2G band in 22 service areas by auction, as was done for allocation of spectrum in 3G band. The Central government shall consider the recommendations of Trai and take appropriate decision within next one month and fresh licences be granted by auction.”

The companies whose licences have been scrapped include Uninor (a joint venture between Norway’s Telenor and Unitech Group), Sistema Shyam (a joint venture between Russia’s Sistema and Shyam Telcom, which offer services under the MTS brand name), STel, Videocon, Idea Cellular, Tata Teleservices, Loop Telcom, Etisalat DB (a joint venture between UAE’s Etisalat and Swan Telcom).

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat, weakening rupee weighs
- UK regulator decision to fine NRI financial advisers upheld
- 30 striking AI pilots sacked, two return to work
- Speciality Restaurants sets IPO price at Rs 150 per share
- Shriram EPC bags Rs 165 cr contract in Kerala
  Read Business news in 
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Journey on, We are by Your Side. Click here to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- One Partnership Endless Possibilities. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Shankar Acharya: The exchange rate: economics bites back
- Nitin Pai: The small-country bullies
- Top pvt life insurers shut 1,500 branches in 2 years
- Piramal Healthcare like Berkshire Hathaway: Piramal
- Piramal Healthcare is like Berkshire Hathaway: Ajay Piramal
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Creamy layer |  Air India |  GAAR |  DRDO  |  Black Widow |  Satyamev Jayate |  Akshaya Tritiya |  Aamir Khan |  IPL |  IVRCL |  Ertiga |  Sarfaesi Act |  Vodafone |  Imagine TV |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Budget 2012 |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us