Business

Govt To Come Up With Spectrum Trading Rules By Month-End: Telecom Secretary

NEWS WORLD INDIA | 0
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| September 18 , 2015 , 16:04 IST
[caption id="attachment_127130" align="aligncenter" width="700"]Telecom Secretary Rakesh Garg (File Photo: PTI) Telecom Secretary Rakesh Garg (File Photo: PTI)[/caption] The government will come out with spectrum trading rules by month-end, Telecom Secretary Rakesh Garg said in New Delhi on Friday. The government gave its nod on September 9 to the much-awaited norms for telecom companies that will help in trading radio frequency spectrum, a move that can go a long way in consolidating this scarce resource, improve the quality of service and even fetch revenues for airwave-surplus companies. "The spectrum sharing guidelines have been prepared and sent to the minister for final approval and will be issued in a few days, probably by Monday," Garg said on the sidelines of an event organised by Confederation of Indian Industry. ALSO READ: Telecom Department Wants Operators To Fix Call Drops Before Spectrum Auction "The trading guidelines will come by month-end," he added Spectrum sharing got the nod from the government in August. Under spectrum trading, the companies that have been allocated spectrum can transfer their rights and obligations to another party - a move that will allow better usage as the idle spectrum from the hands of one service provider will get transferred to one facing a crunch. The quality of services are expected to improve once the spectrum sharing and trading norms are notified and the service providers start using it. ALSO READ: You Have Enough Spectrum, Now Address Call Drop Says Telecom Minister Prasad To Telecom’s