Office memorandum passed on decision regarding future spectrum assignments of TSPs communicationstoday.co.in

Pramod Sharma 3 years ago in Technology and Gadgets

As a part of the reforms and support package for the Telecommunications sector, the Government has taken the following decisions with regard to the future spectrum assignments to Telecom Service Providers (TSPs): For spectrum auctions to be held in the future, the requirement for the successful bidder to submit a Financial Bank Guarantee (FBG) of an amount equal to one annual instalment to securitize the…