DoT speeds up spectrum allocation

DoT speeds up spectrum allocation, issues Letter of Intent to telcos

Views: 394

Spectrum As the Department of Telecom (DoT) looks forward to speed up spectrum allocation, the Letter of Intent (LoI) to all the telecom players that participated in the March auction has been issued.

 “We are speeding up allocation of the spectrum which has already been auctioned this year. The Letter of Intent has been issued to all in this regard,” Telecom Minister Ravi Shankar Prasad said.

 According to report, the spectrum will be a allocated after the telcos complete all formalities, including submission of bank guarantees.

 In March, the government got around Rs 1.1 lakh crore from the sale of air waves in four bands — 800 MHz, 900 MHz, 1800 MHz and 2100 MHz.

Get a chance to meet who's who of Transport ecosystem in India including key policymakers from Central and State Governments. Join us at National Summit on ‘Strategy for Ports, Highways Infrastructure and Logistics Efficiency , New Delhi on Aug 13, 2018 to explore business opportunities. Like and connect with us on Facebook, Linkedin and Twitter.

Recommended from all portals

Click to comment

Leave a Reply

Your email address will not be published.

Latest News

To Top