Follow real-time updates on Union Budget 2023Catch exclusive videos on Union Budget 2023 from CNBC-TV18
"We have received reference from the DoT couple of days back on allocation of spectrum for 4G services to BSNL and MTNL. We will issue a consultation paper and hold open house discussion on it," Trai Chairman R S Sharma told reporters on sidelines of an ICEA event.
Telecom regulator Trai will hold consultation on spectrum allocation with state-owned firms BSNL and MTNL soon, a top official said on Tuesday.
"We have received reference from the DoT couple of days back on allocation of spectrum for 4G services to BSNL and MTNL. We will issue a consultation paper and hold open house discussion on it," Trai Chairman R S Sharma told reporters on sidelines of an ICEA event.
Both the telecom firms have asked the government to allot them spectrum for 4G services in lieu of equity. BSNL, which has the lowest debt of Rs 14,000 crore among all telecom operators, has sought 4G spectrum across India through equity infusion of Rs 7,000 crore to help it compete in the market.
The Digital Communication Commission, apex decision making body at the Department of Telecom, has sought view of Trai on demand of spectrum from both the PSUs.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!