Mobile phone tariffs may go up in the future if TRAI (Telecom Regulatory Authority of India) has its way.
In a long list of recommendations, the telecom regulator has reiterated its earlier demand that existing telecom players must pay four times the current price of the 2G spectrum that they hold when they apply for renewal of their license. Notably, most of the older players will be up for renewal in next 3-4 years.
Since most of the incumbent operators will have to renew their licences in the next 3-5 years, they might have to shell out more than Rs 10,000 crore for acquiring start-up 2G spectrum compared to just Rs1,658 crore paid earlier.
In a long list of recommendations, the telecom regulator has reiterated its earlier demand that existing telecom players must pay four times the current price of the 2G spectrum that they hold when they apply for renewal of their license. Notably, most of the older players will be up for renewal in next 3-4 years.
Since most of the incumbent operators will have to renew their licences in the next 3-5 years, they might have to shell out more than Rs 10,000 crore for acquiring start-up 2G spectrum compared to just Rs1,658 crore paid earlier.