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Tuesday, May 8, 2012

Business News:Mobile call rates may double in some circles: Telecom CEOs

Mobile call rates would double in some circles if the recommendations
of TRAI on spectrum pricing are accepted, telecom CEOs who met Telecom
Minister Kapil Sibal warned on Tuesday.

"…there will be circles which will have more than a 100 per cent price
rise (in tariffs) if they were to absorb the impact of what is being
recommended," Bharti Airtel CEO Sanjay Kapoor told reporters here.

"In one circle, the cost of spectrum, the reserve price is Rs 7 crore
and on other end, there are metros where it is Rs 717 crore, which is
a 100 times differential," he said.

The chiefs of Bharti Airtel, Vodafone India, Idea Cellular, Uninor and
Videocon met Mr. Sibal and Department of Telecom Secretary R.
Chandrashekhar to discuss the implications of TRAI recommendations.

Top officials of CDMA operators Sistema Shyam Teleservices, Reliance
Communications, Tata Teleservices and CDMA body AUSPI also met the
minister earlier in the day on the same issue.

read more at http://www.pravasitoday.com/mobile-call-rates-may-double-in-some-circles-telecom-ceos

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