Indian CDMA Operators to Pay $533 Million for Excess Spectrum Holdings
Published on: 18th Jan 2013
Note -- this news article is more than a year old.
By: Simon Davies
Although the Indian government has approved a halving of the reserve fee in its forthcoming CDMA spectrum auction it is also pressing ahead with a one off surplus spectrum fee for the existing operators.
The two networks, Reliance Communications and Tata Teleservices will have to jointly pay around Rs 2,900 crore (US$533 million) to the government for spectrum held in excess of 2.5Mhz.
RCom is reported to be facing a bill of around Rs 1,752 crore and Tata Teleservices is facing a bill of Rs 1,155 crore.
The two state owned networks, BSNL and MTNL also hold excess spectrum in some circles, but their costs have not been announced yet.
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