Singapore Telecommunications plans to list its broadband unit on the local bourse in a deal that could raise about $2 billion, slashing its stake by more than 75 percent.
In a move that will not only lead mobile operators like Bharti Airtel, Vodafone and Idea Cellular to increase their 4G coverage but also enhance government revenues in the forthcoming auctions, the department of telecommunications (DoT) has asked all the firms to harmonise their spectrum in the 1800 MHz band by rearranging their frequencies.
Lack of investment by telecom firms in network infrastructure like mobile towers, appears to be the main reason behind the “pervasive problem” of call drops across the country, TRAI told Delhi High Court today.
Higher spending by telecom companies to promote their 4G services is expected to boost the advertising industry by 10-15 per cent in 2016, according to Deloitte India.
Telcos can’t pay good price for 700MHz, don’t auction.
Going by the Telecom Regulatory Authority of India’s (TRAI) latest consultation paper, the next auction – in FY16 or FY17 is not clear – will be the mother of all auctions.
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