Spectrum trading rules by month-end: Telecom secretary

Image
IANS New Delhi
Last Updated : Sep 18 2015 | 3:48 PM IST

The government will come out with spectrum trading rules by month-end, Telecom Secretary Rakesh Garg said here on Friday.

The government gave its nod on September 9 to the much-awaited norms for telecom companies that will help in trading radio frequency spectrum, a move that can go a long way in consolidating this scarce resource, improve the quality of service and even fetch revenues for airwave-surplus companies.

"The spectrum sharing guidelines have been prepared and sent to the minister for final approval and will be issued in a few days, probably by Monday," Garg said on the sidelines of an event organised by Confederation of Indian Industry.

"The trading guidelines will come by month-end," he added

Spectrum sharing got the nod from the government in August.

Under spectrum trading, the companies that have been allocated spectrum can transfer their rights and obligations to another party - a move that will allow better usage as the idle spectrum from the hands of one service provider will get transferred to one facing a crunch.

The quality of services are expected to improve once the spectrum sharing and trading norms are notified and the service providers start using it.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 18 2015 | 3:40 PM IST

Next Story