Telecom EGOM defers decision on reserved price

New Delhi,Business/Economy, Wed, 18 Jul 2012 IANS

New Delhi, July 18 (IANS) The empowered group of ministers (EGOM) on telecom Wednesday deferred till Friday the decision on reserved price. However, it approved rollout obligations for operators.

"The EGOM has approved rollout obligations, under which old rollout conditions would continue to stay. Spectrum winners will have to cover 10 percent block level headquarters in three years, 20 percent in four years and 30 percent in five years," said a senior department of telecom official.



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