BUSINESS
According to sources in the know, Sibal would be meeting Anil Ambani and Sunil Mittal separately tomorrow, followed by meetings with officials of Idea and Vodafone.
Amid turmoil caused by the second-generation mobile telephony spectrum scam, telecom minister Kapil Sibal will meet CEOs and promoters of leading telecom service providers in the next three days to discuss the issues plaguing the sector.
According to sources in the know, Sibal would be meeting Anil Ambani and Sunil Mittal separately tomorrow, followed by meetings with officials of Idea and Vodafone.
The meeting comes at a time when the sector is grappling with enormous uncertainties with regard to spectrum allocation policies and CBI probe into the decisions taken by Telecom Ministry between 2001 and 2008.
This means all incumbent operators including Bharti Airtel, Vodafone, Idea, Tata Teleservices and Reliance Communications would be part of the probe.
Despite all this, the sector has grown remarkably in the last few years, with telecom operators adding up to 20 million new mobile subscribers every month.
Sources also said that the Minister may raise concern over corporate rivalry and its negative impact on the sector.