Telcos failed to reverify the
prepaid connections in Assam and North East
TD SAT reserved the order on the
petition of the private operators on the penality imposed by DoT for their
failure to reverify the prepaid connections in Assam and Nort East which was
the requirement for fulfilling the security concerns.. The operators involved
are Airtel, Vodafone,and Idea.
World Economic Forum at
Davos-Sunil Mittal says collection of spectrum charge additionally will lead to
tariff hike
In the press conference at the
sidelines of the WEF, he said the proposal of the Telecom Commission to charge
the 2G spectrum held by the telecom operators beyond 4.4 MHz(Earlier TRAI said
beyond 6.2 MHz) if implemented would lead to increase in tariff.
BSNL’s publicity work under
CBI lens for irregularities
Complaints were received by CVC alleging
wrong doings in handling marketing and advertisement work in BSNL. They relate
to unauthorised appointment of a part-time Director in BSNL and assigning
advertisement related jobs to a non-empanelled and ineligible agency.The CVC
forwarded the case to DoT. After receiving the DoT’s report, the CVC conducted
a probe. Since there were several commissions and omissions by certain BSNL
officials, the Commission decided to refer the case to CBI for detailed
investigation.
Telecom is no more the
‘finest’ story-Sunil Mittal
At the WEF in Davos, Airtel Chief
Sunil Mittal told on the sidelines to the media that telecom in India is no
more the finest story since the telcos have paid a ridiculously high amount for
3G bidding since there was no enough 2G spectrum allotted for years. This
overpayment of about Rs 1,00,000 crores for 3G
and BWA spectrum has taken the lights out of the industry. The
amortisation of the money that was paid for 20 years and the interest on it is
bothering telecom industry. He said that the growth story is intact, but the
investment side is weak because people are not opening up to that extent. It
also impacts foreign investments
The debt of the telecom
industry
The total debt of the telecom
industry is estimated as Rs 275000 crore. In this from PSU banks it is Rs 1,00,000
crores. SBI Rs 25000 crore. Indian telcos have been traditionally large
borrowers as they built and expanded networks, and aggressively bid for 3G and
broadband licenses. But the 2G scam coupled with poor uptake of 3G services,
mounting losses and slow growth has also resulted in domestic banks cutting off
funding for telcos. Telecom Minister Kapil Sibal sought the intervention of the
Prime Minister and Finance Minister to get banks to start lending again to
mobile phone companies. Consequently the finance ministry has asked for a
change in the norms to allow spectrum to be used as collateral by lenders of
telecom companies and asked telecom ministry to make policy changes to ensure
that airwaves can be seized by the banks in the event of a default or
cancellation of mobile permits. At present all spectrum is owned by the
government and is given on a 20 years lease to the operators on the condition
that it will be returned to the government. The finance ministry also said that
the lenders must be part of any consultation related to cancellation of mobile
permits. Banking Secretary D.K.Mittal in a January 20 communication to DoT has
called for a standstill period for consultations with secured lenders before
canceellation of the licence of any
teelcom company.
6, 00,000 employees in top 4
software companies
As on 31-12-2011 the number of
employees in the 4 top software companies is 5.91 lakhs. The total number of
employees in the IT sector is 20 lakhs.
DoT for a one time fee for
spectrum beyond 6.2 MHz
The Telecom Commission decided to
charge a one time charge for extra spectrum beyond 6.2 MHz from the telecom
operators, from the date of allocation of spectrum.Besides this, the Commission
also decided that the government will also charge for the spectrum between 4.4
MHz to 6.2 MHz on the basis of auction, after notification is issued. As per
the TRAI’s recommendation, the spectrum beyond 6.2 MHz should cost Rs 4571.87
crore per MHz(All India). But it will be collected on circle basis.
(Source:The Economic Times and The Hindu Business Line)
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