The Telecom Commission is looking at revising upwards the spectrum cap for mobile companies, a measure that is expected to further enable consolidation in the highly-stressed industry.
The commission on Friday sent the matter to telecom regulator Trai for a view. If it is approved, the measure will be a gain for a merger like Idea Cellular and Vodafone where currently spectrum needs to be shed in certain circles as it breaches the ceiling.
"We have sent the matter to Trai and expect that the regulator will give a view on the same soon," a top official in the telecom ministry said. The commission, however, put off a decision on measures to provide relief to the stressed debt-ridden industry as it sought more details on some of the suggestions, including deferred spectrum payment liability, from the inter-ministerial group (IMG), the official added.
The IMG is expected to revert with details on the clarifications sought "at the earliest", and the Telecom Commission will meet again within two weeks on the inter-ministerial group's proposals to diffuse the financial stress in the sector. The commission, the highest policy-making body in the telecom sector, met here on Friday to consider all the proposals put forth by the IMG. – TOI