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Wednesday, September 9, 2015

NDA Govt Cabinet clears spectrum trading guidelines Wednesday Sep 09,2015


In a move that is expected to transform the usage of air waves in the telecom sector, the Union Cabinet on Wednesday Sep 09,2015 approved guidelines on telecom spectrum trading.

The decision, based on the recommendations of the Telecom Regulatory Authority of India (TRAI), will enable telecom companies with a low subscriber base or unutilised spectrum to trade in spectrum.
“The Cabinet has approved spectrum trading. The telecom sector has been demanding it for optimum utilisation of spectrum,” Ravi Shankar Prasad, Communications and IT Minister, said

Acceding to a long-standing request from telecom companies, the Union Cabinet has allowed mobile operators to buy and sell airwaves from one another, a move that is likely to ease the recent spurt in call drops
''For this (spectrum trading) they (telecom companies) don't have to take permission only intimation before 45 days and an undertaking that we are complying with all the rules," Telecom Minister Ravi Shankar Prasad said

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