Worms Digest 10 September 2013
Good Morning !!!
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TRAI recommends sharp cut in reserve prices for spectrum auction and also seeks to bring clarity on various contentious issues
- Seeks clear roadmap indicating quantum of sepctrum which will be available in future along with timelines - a positive for incumbents as it will allow better decision making and cashflow planning
- No reservation of spectrum for Renewal Licensees (Refarming) in 900 or 1800 MHz bands - a big negative for incumbents.
- Recommended reserve prices are almost 30-60% lower than the last auction carried on in March 2013.
- Read the entire policy at
- Overall though refarming has not been done away it is not an incremental negative. In fact, the big positive is a genuine effort by the government to do away with the 'regulatory uncertainty' over the sector and the aggressive stance that TRAI (and effectively DoT) would take against CAG which was leading to policy paralysis.
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