Global telecom body GSM Association today said the reserve price for airwaves is still "prohibitively high" even after the Empowered Group of Ministers decided (EGoM) decided to recommend to the Cabinet a lower than sector regulator TRAI-proposed price.
"The GSMA believes that while the price range recommended by the EGoM could place spectrum at a fairer price than was recommended by the Telecom Regulatory Authority (TRAI), it is still high in terms of international best practice and could hinder continued investment in mobile technology in the country," GSMA Director-General Anne Bouverot said in a statement.
According to sources, the reconstituted EGoM headed by Home Minister P Chidambaram which met yesterday, will recommend a reserve price between Rs 14,000 and Rs 16,000 crore for pan-India spectrum of 5 Mhz with existing Spectrum Usage Charge (SUC) of 3-8 per cent.
The GSMA also said SUC should be kept at a minimum.
Bouverot said, "the EGoM has taken the advice of the country's business leaders, economists and mobile industry in consideration."
However, this price range is still prohibitive and we remain concerned that over the long-term it will hamper the delivery of high quality, affordable and innovative mobile services across the country, she added.
"Alongside our member operators, we urge the Cabinet to adhere to international best practice when taking a final decision to bring the greatest benefits to the economy, society and its people," GSMA said.
The Trai had earlier recommended a base price of Rs 3,622 crore per unit of spectrum, called megahertz (Mhz), for the auction of spectrum vacated from Supreme Court cancelling 122 licences issued by the then telecom minister A Raja in 2008.
This base price translates to over Rs 18,000 crore for a pan-India spectrum for new companies.
The GSMA represents the interests of mobile operators in over 220 countries of nearly 800 mobile operators and over 200 companies in the broader mobile ecosystem.
EGoM's Spectrum Price Still High: GSMA
READ MORE IN:
THE LATEST ISSUE
- India Lights Millions Of Candles, Lamps To Fight 'Darkness Of Coronavirus' On PM Modi's Request
- Death Toll Due To Covid-19 Surges To 99 In India; Positive Cases Near 3600
- Govt Considering another Package To Minimize Lockdown Impact: Report
- Too Early To Pat Ourselves On Back. Prepared For Any Eventuality: Odisha's COVID-19 Point Person
- How Drop In Crude Oil Price Due To Coronavirus Pandemic Benefits India
- 'Corona Jihad', 'Tablighi Virus'...Would 'Mandir Virus' Be Okay In Such Intolerant Times?
- Ramanand Sagar’s Ramayan Then and Now: Politics Of An Epic Kind
- Blog: Kashmiris Have Lived Through Many A Lockdown. They Could Advise World On How To Face One
- Dipak Misra Was Reviled As CJI But Ranjan Gogoi Beguiled His Way To Power
- Taking Up Hijab Against Coronavirus
- Seemingly Happiest People Often Suffer From Depression
- 26,000 Quarantined After 10 Attend Funeral Feast In Madhya Pradesh
- No Evidence Of Coronavirus Being Airborne Yet, Says ICMR
- Amitabh Bachchan To Provide Ration To 1 Lakh Workers
- Man Skips Mother's Funeral To Feed Poor Hit By COVID-19 Lockdown
- PM Modi Dials Sonia Gandhi, Former Presidents To Discuss Coronavirus
- 'While Amethi MP Plays Antakshari...': Congress' Dig At Smriti Irani; She Retorts
- India Submits Official Bid For Hosting AFC Asian Cup In 2027
- Yuvraj Singh Compares Rohit Sharma To Inzamam-Ul-Haq