gibreel ferishta
In what could be good news for foreign telecom companies wanting to invest in India, the Union Ministry of Law and Justice has suggested that the Communication Ministry may take the issue of following an open auction for third generation mobile services to a Group of Ministers if it wanted to overrule the views expressed by the Telecom Regulatory Authority of India.
While the Telecom Regulatory Authority of India has expressed concerns against an open auction on the grounds that existing players were more prepared for 3G mobile services, the Communication Ministry is in favour of inviting bids from international players also.
The Finance Ministry has also backed Communication Ministry on the grounds that an open auction will get more revenues for the Government.
TRAI has, however, told the Government that such a decision cannot be taken legally without considering the views of the regulator.
telephony TRAI DoT 3G auction foreign
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