Highlighting the controversial spectrum issue, a meeting is likely to be held by four top profile telecom companies’ executives with Telecom Minister Kapil Sibal on Wednesday, discussing the proposal recommendations of TRAI in spectrum auction.
The chiefs of Bharti Airtel, Vodafone, Idea Cellular and Telenor, are to be presented in the meeting to put their concerns in front of R Chandrashekhar, secretary, Department of Telecommunications (DoT),
Trai’s auction proposal that already faced refusal from the five top telecom companies is now opposed by a great disapproval from side of Norway’s Telenor that has showed it recently by written downing its 3.9 billion Norwegian crowns ($680.9 million) assets in India.
The company’s downing decision is forthcoming step to exit from Indian market if the government approved Trai’s proposal to hike reserved price upto to 13 times the price used in 2008.
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