Don't see much impact on customer, auction preferred: Trai

Telecom regulator Trai today said there will not be much impact on customers due

RELATED ARTICLES

to cancellation of 122 2G licenses of eight companies, as around 95 per cent of total subscribers belong to operators which got licences before January 2008.

"The Supreme Court judgement will be implemented. Customers will not be impacted from the cancellation of licences as around 95 per cent market share is of those who got licences before January 2008," Telecom Regulatory Authority of India Chairman J S Sarma told reporters here.

He added that subscribers have the option to port out using mobile number portability.

"Subscribers have option to port out through MNP. We will instruct operators to inform their subscribers and come out with advertisement," Sarma said.

On chances of tariff hike due to expected high price of spectrum, Sarma said that Trai is alert and will keep a watch on the situation.

The companies that are set to lose on account of the cancellation of the licences are: Uninor (joint venture between Unitech and Telenor of Norway), Loop Telecom, Sistema Shyam (joint venture between Shyam and Sistema of Russia), Etisalat DB (joint venture between Swan and Etisalat of UAE), S Tel, Videocon, Tatas and Idea.

With cancellation of these licences, over 500 Mhz spectrum will be available for auction.

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E-mail ID will not be published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.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Foreign brokerages must be Street-smart to win battle of bourses

    Earlier this week, Financial Chronicle reported that foreign brokerages were failing to crack the retail broking market in India, once seen as very pr

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Emotions and climate change

These days, the m­e­dia showcases climate change wi­th negative conseque­nces ...

Kuruvilla Pandikattu SJ

Worry, intelligence and the belief in god

Worrying may have evolved along with intelligence as a beneficial ...

Dharmendra Khandal

Tiger crusader Jay Mazoomdar triggers a change in attitude

In India, tiger conservation has taken on an entirely new ...