Business Standard
Sunday, May 27, 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
 

EGoM on 3G likely to meet on Aug 27
Press Trust of India / New Delhi Aug 13, 2009, 20:14 IST

The Empowered Group of Ministers (EGoM) on 3G mobile telephony is likely to meet on August 27 to decide on the reserve price and number of slots of spectrum to be auctioned.

The EGoM, headed by Finance Minister Pranab Mukherjee, is likely to discuss various issue, including the amount of 3G spectrum to be auctioned, annual spectrum charges, the number of operators in each telecom circle and the reserve price for 3G and broadband wireless services (WiMax), sources said.

During the last meeting, the EGoM had deliberated upon the three scenarios for fixing the reserve price for the auctions -- Rs 1,010 crore by Trai, Rs 2,020 crore by DoT and Rs 4,040 crore by the finance ministry.

However, no decision was taken as the members wanted to study the issues in detail but the urgency to take a decision soon was underlined.

Sources also said that Department of Space has written a letter to the EGoM and suggested against the use of a particular frequency band for the proposed data services known as WiMax.

The department is understood to have said that only 2535-2690 MHz and 2630-2655 MHz bands should be considered for the WiMax services.

The government constituted the EGoM on July 13 to look into matters relating to pricing of spectrum and the number of operators to be allowed in each telecom circle.

Once the EGoM takes a decision, a fresh time line for auctions would be announced.

Other members of the EGoM are Communications Minister A Raja, cabinet ministers P Chidambaram, Sharad Pawar, Veerappa Moily, Ambika Soni, Prithviraj Chavan, and Planning Commission Deputy Chairman Montek Singh Ahluwalia.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- 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.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- 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
   
- India to guarantee safe gas transit from Tapi
- Air India pilots wanted a halt to command training of IA pilots
- Pak players likely to be part of IPL 2013
- EGoM to now decide on base price for spectrum auction
- New power equation in BJP
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  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