GSM Spectrum For Rcom; Letters Of Intent For Others

Entities Mentioned

• Reliance Industries Limited
• Vodafone
• Aircel
• Essar
• Unitech

1. [by Cerius Shah] The DOT played rebel rebel to the court disputes regarding the allocation of GSM spectrum to Reliance by giving the CDMA operator 4.4mhz of GSM love in 14 circles. Aircel, Idea and Vodafone (NYSE: VOD) were granted spectrum for 4, 2 and 7 circles respectively in which they already hold licenses. Tata has also been cleared for GSM spectrum, no word yet on circles. Letters of Intent have been given to 8 new telecom aspirants, no word on their names either. >This ET report states that RCom is going to reduce fares by 30% ... (Read Full Article)

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