Sibal to meet CEOs of telecom companies

Amid the 2G spectrum allocation scam turmoil, Communications Minister Kapil Sibal will meet CEOs and promoters of leading service providers in the next three days to discuss the issues plagueing the sector.

According to sources in the know, Sibal would be meeting Anil Ambani and Sunil Mittal separately tomorrow, followed by meetings with officials of Idea and Vodafone.

The meeting comes at a time when the sector is grappling with enormous uncertainty on spectrum allocation policies and the subsequent CBI probe into the decisions taken by the telecom ministry between 2001 and 2008.

This means all incumbent operators including Bharti Airtel, Vodafone, Idea, Tata Teleservices and Reliance Communications would be part of the probe.

Sources also said the minister may raise concerns over corporate rivalry and its negative impact on the sector.