【New Delhi】"The spectrum auction will be held sometime in June," Telecom Secretary Rakesh Garg said on the 22nd January. "We will put all available spectrum for auction in which ecosystem is available that industry is demanding."
Telecom Regulatory Authority of India (Trai) is expected to come out with recommendations on floor price for available spectrum across bands by end of January, which will then be sent to the telecom department for approval. The government has pegged revenue from communication services for the current fiscal at Rs 42,865 crore, including upfront realisation from spectrum sale and licence fee. However, The government will not auction any more spectrum in the current fiscal, the secretary said.
○'RJio slated to notch up annual revenue of $6.69bn'
【Kolkata】Reliance Jio Infocomm, which is expected to start telecom services in April, is slated to notch up annual revenue of $6.69 billion by the end of its fourth year of commercial operations and corner 23% of India's non-voice market, brokerage Morgan Stanley said.
"We expect Reliance Jio's pan-India launch by April 2016 as the company mentioned all regulatory compliance measures are in place," Morgan Stanley said in a note to clients.
On the other hand, according to the Financial Express, Reliance Jio Infocomm is in advanced stage of talks with state-run telecom company Bharat Sanchar Nigam Limited (BSNL) to use latter’s network and infrastructure largely for voice operations across all 22 telecom circles under an arrangement called intra-circle roaming.
【News source】
No more spectrum auctions this fiscal; preparations on for June, says Telecom Secretary Rakesh Garg
Reliance Jio slated to notch up annual revenue of $6.69 billion in the fourth year: Morgan Stanley
Reliance Jio Infocomm in advanced talks with BSNL for network sharing pact
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