Telecom panel for higher limit on spectrum holding for mobile operators

In a move that will boost consolidation and help stressed companies exit the sector, the Telecom Commission (TC) has approved the recommendations of the Telecom Regulatory Authority of India (Trai) on relaxing spectrum-holding caps for mobile operators.

The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular.

Sectoral regulator Trai in November last year had proposed raising the 25 per cent overall spectrum-holding limit to 35 per cent and also removing the cap of 50 per cent holding in the same band.

In place of it, the regulator had recommended having a cap of 50 per cent on