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Panel seeks factual report on telecom firms' spectrum surrender approval

Business Standard LogoBusiness Standard1d ago

Panel seeks factual report on telecom firms' spectrum surrender approval - Business Standard

Quick Summary:

In its communication to the ministry, the committee headed by BJP MP Nishikant Dubey has mentioned a critical observation in the CAG report of 2015 related to the Communications and IT sector over the "lack of due diligence in auction of spectrum for Broadband Wireless Access (BWA) services", they said.

A parliamentary committee has sought a factual note from the Ministry of Communications on reports that its department of telecommunications allowed the surrender of spectrum acquired in auctions by telecom companies before 2022, sources said.

The CAG had observed that the Notice Inviting Applications for the BWA auction suffered from deficiencies in scope of usage of spectrum for different class of licencees.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 11:44:54 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 367 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26675162

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Update Frequency: 282 posts per day

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News Last Updated: 2 hours ago

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