MTNL offers to return CDMA spectrum for auction-derived price

Tags: News
State-run MTNL has informed the Department of Telecom that it is ready to return the entire CDMA spectrum it currently holds if the telecom operator is paid auction-determined price.

"MTNL has offered to surrender entire 800 Mhz band spectrum but it wants an auction-determined price for the surrendered frequencies," a government official told PTI.

As per TRAI recommended price, the value of CDMA spectrum held by MTNL amounts to about Rs 1,937 crore.

MTNL operates in Delhi and Mumbai where it has 1.28 lakh subscribers using its CDMA service. Its total subscriber base stands at about 34 lakh.

The Telecom Regulatory Authority of India has also recommended that DoT should take back entire CDMA spectrum of MTNL and put it up for auction.

However, the state-run firm had earlier declined to surrender CDMA frequencies citing that it may use these airwaves for deploying 4G services.

Surrendering of CDMA spectrum by MTNL will lead to availability of 4 slots of 1.25 Mhz each in 800 Mhz band frequencies in Delhi and 7 in Mumbai.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Divestment of projects can help reduce corporate leverage ratio

    A big issue that impinges on a bank’s asset quality is corporate leverage.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

Today's Columns

Urs Schoettli

Lee’s legacy will always guide Singapore

LEE Kuan Yew, the father of modern Singapore, died last ...

Zehra Naqvi

Fishy tales

Any book that claims to follow fish pulls my mind ...

Bubbles Sabharwal

Relationships and bitter realities

It’s a tangled web we spin The relationships we make, break ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture