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05-29-2012, 05:52 AM #1
EGoM to decide spectrum price for auction: panelA high-powered ministerial panel headed by Finance Minister Pranab Mukherjee will decide on the minimum price to be fixed for auction of spectrum, Telecom Secretary R Chandrashekhar said on Saturday.
The Telecom Commission (TC) deliberated on the base price suggested by the sector regulator TRAI but decided to leave it to the Empowered Group of Ministers (EGoM) to decide on auction price for the airwaves.
The inter-ministerial decision making body felt a balance needs to be struck between spectrum price and three other critical factors -- revenue to government, tariff to consumer and viability of investment and continued attractiveness of the sector.
Mr. Chandrashekhar told the reporters that the DoT would also make certain analysis to be presented before Empowered Group of Ministers on telecom....being a human...