Telecom: Pragmatic way forward

On Monday, the Telecom Regulatory Authority of India, or Trai, took an important step forward in restoring health to the troubled sector it regulates. It proposed that, for the third attempt at auctioning 2G spectrum in the 1,800 megahertz band, the reserve or base price be reduced sharply. Whereas in the last auction the base price was Rs 2,379 crore per MHz of nationwide spectrum, it is now proposed that it be Rs 1,496 crore per MHz, a 37 per cent reduction.

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