Home > Money > Report

Tata group urges for level playing spectrum to all: Report

Reuters
Saturday, December 19, 2009 12:36 IST
Email Email
Print Print
Share Share

Mumbai: Ratan Tata, chairman of conglomerate Tata group, has urged the government to allocate spectrum simultaneously to all winners of a forthcoming third-generation wireless auction, said a report on Saturday.

Related videos

The simultaneous allocation of spectrum would ensure a level playing field, the paper quoted Tata as saying in a letter to the cabinet secretary KM Chandrasekhar.

India, the world's fastest growing mobile market, is to hold an auction for 3G wireless spectrum in mid-January. And phone companies are expected by analysts to spend $1.5 billion on 3G spectrum alone. Building the high-speed wireless networks will cost billions of dollars more.

A person familiar with the letter's content said it was prompted by concerns that spectrum might be allocated as and when it became available instead of awarding equal amounts to winners.

Tata group runs Tata Teleservices, India's sixth largest telecoms firm. NTT DoCoMo owns 26 percent of Tata Tele. Officials at the Tata group could not be reached for comment immediately.

Double click an English word for Macmillan Dictionary definition
digg reddit google Facebook MySpace delicious

Wine of a time!
A local winery's launch of three new wines hosted by Prahlad Kakkar and Girish Mhatre saw a fairly fine turnout.
Candid camera
Anil Kumble's love for photography is well-documented, but this is the first time images captured by the legendary cricketer have been published in book form.

Get daily news in your inbox and read it at your convenience.

D