India approves mobile spectrum trading
11 September 2015 |
The number of mobile operators in India is set to shrink after the government allowed them to trade spectrum and even sell all their spectrum to rivals.
“The ownership right will be with the government of India,” he said. “We give right of use to operators through auction. That right of use can be traded between two service providers.”
Prasad said that, while the government will not restrict spectrum deals, it will need to be informed 45 days ahead of any agreement. Operators will have to pay 1% of the price to the government, and all revenue that operators make from selling spectrum will be added to the sum that is used to calculate their annual licence fee.
In August, the Indian government also approved spectrum sharing.
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