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Companies may have to pay Rs 1,500 cr to start their own private network

The list of companies that want to establish their own private network includes names like Infosys, Tejas Networks, Capgemini, and Larsen & Toubro

The move will benefit companies as their cash requirement would come down. It will unblock the cash of telecom operators that they keep with banks to furnish bank guarantees.

BS Web Team New Delhi
The companies which want to buy spectrum to establish their private captive networks may have to pay around Rs 1,500 crore to the government. The allocation of the spectrum would be done at auction-determined prices, a report in Financial Express (FE) said. These companies include names like Infosys, Tejas Networks, Capgemini and Larsen & Toubro. 

However, the final decision will be taken after consultation with the Telecom Regulatory Authority of India (Trai). 

"The choice for enterprises is clear: Either take spectrum at the auction-determined price today and use it only for captive purposes or participate in the next round of auctions

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First Published: Nov 24 2022 | 12:10 PM IST

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