EGoM on telecom deferred again
November 30, 2012  19:38

The Empowered Group of Ministers on Telecom, which was scheduled to meet today to work out the roadmap for spectrum that was unsold in the recent auction, has been deferred.        

 

The meeting was deferred following the death of former Prime Minister Inder Kumar Gujral, sources said.        

 

The EGoM, headed by Finance Minister P Chidambaram, was scheduled to meet today after it was deferred from November 29 as the key ministers who are part of this panel were engaged in Parliament.        

 

The high-powered panel was to discuss the road-map for auction of unsold GSM spectrum in Delhi, Mumbai, Rajasthan and Karnataka.        

 

The EGoM has to decide on reserve price that should be fixed for these service areas. It also has to decide on CDM spectrum which had no takers. The recent auction of GSM spectrum attracted bids worth only Rs 9,407 crore, as against minimum expected amount of Rs 28,000 crore.

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