Kapil Sibal’s new telecom policy hasn’t been greeted with any unanimity in the fractious industry. Even those who have issued words of commendation have been selective at what they’ve found to be better.The policy was announced yesterday, changing the rules on issue of licences and spectrum, besides mergers and acquisitions (M&As). They delink spectrum allocation from licence issue, institute a uniform licence fee, cap the spectrum that can be given to any applicant and how this would change with an M&A, and define how the 10-year licences issued in 1994 would be renewed. And, clarify when spectrum may be shared.
Source: Business Standard
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