Press Esc to close
Tuesday 30 September 2014
News updated at 11:07 AM IST
Weather
Max: 31°C
Min : 21°C
In Bangalore
Sunny day
Breaking News

EGoM decision on spectrum fees, merger norms today

NEW DELHI, Jan 26, 2014, dhns:

The Empowered Group of Ministers (EGoM) on telecom, headed by Finance Minister P Chidambaram, will take a call on Monday on the vexed issues of spectrum fee and norms for merger and acquisition ahead of auction of radiowaves planned from February 3.

Officials said a final decision on issues, including merger and acquisition, is expected in the meeting. Guidelines for mergers and acquisitions are almost ready but were not released pending a legal opinion.

The Department of Telecom has extended the last date to withdraw applications for the upcoming spectrum auction by a day to January 28.


The inter-ministerial Telecom Commission on Saturday recommended three options for levying annual spectrum usage charge (SUC) on telecom operators. The options are 3 per cent with weighted average, 5 per cent with weighted average and continuing with the current charges.

The government expects to raise at least Rs 11,300 crore from the February 3 auction. The Telecom Regulatory Authority of India (Trai) has recommended a uniform 3-5 per cent fee from April 1 across telecom services.

GSM firms such as Bharti Airtel, Vodafone and Idea Cellular have locked horns with the Mukesh Ambani-led Reliance Jio Infocomm following the Trai’s recommendation of a uniform SUC. SUC is levied annually as a percentage of revenue earned by telecom companies, and currently ranges from 3 to 8 per cent for mobile operators.

while for firms with Broadband Wireless Access (BWA) spectrum such as Reliance Jio Infocomm Ltd and Tikona, the fee is 1 per cent.

On Friday, Telecom Minister Kapil Sibal had said the “complex” issue of SUC would be cleared in the EGoM's meeting on Monday.

Go to Top

Photo Gallery
A community Durga Puja pandal in Kolkata...

A community Durga Puja pandal in Kolkata...

Cricket legend and owner of Kerala Blasters football team Sachin Tendulkar during the...

Cricket legend and owner of Kerala Blasters football team Sachin Tendulkar during the...

Police Commissioner Shivanand Jha sweeps the office premises as he participates in the...

Police Commissioner Shivanand Jha sweeps the office premises as he participates in the...

Visitors at an exhibition inside a Tram in Kolkata...

Visitors at an exhibition inside a Tram in Kolkata...

Microsoft CEO Satya Nadella interacts with the employees during a visit to the company's ...

Microsoft CEO Satya Nadella interacts with the employees during a visit to the company's ...

Female Passengers board a train after train services were partially resumed following...

Female Passengers board a train after train services were partially resumed following...

Fire tenders douse a major fire that broke out in a car service station at Sector 14...

Fire tenders douse a major fire that broke out in a car service station at Sector 14...

A road roller crushes a large number liquor bottles seized by the police from the...

A road roller crushes a large number liquor bottles seized by the police from the...

Audience members react as they attend an event with India's Prime Minister Narendra Modi ...

Audience members react as they attend an event with India's Prime Minister Narendra Modi ...

A painter reacts as he creates a portrait of India's Prime Minister Narendra Modi before...

A painter reacts as he creates a portrait of India's Prime Minister Narendra Modi before...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523