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Sectoral News

The Department of Telecom on Thursday issued letters of intent to Tata Teleservices, Loop Telecom (owned by BPL), Spice Communication, Shyam Telelink, Swan Telecom, Datacom, Idea Cellular, Unitech and STel. It has also also issued a letter of intent to Tata Teleservices in 20 circles to operate GSM-technology services under the crossover technology policy. DoT issues 9 LoIs, gets over Rs 6,500 crore as licence fee (Business Stndard 11th Jan 2008) Amid tight security and an altercation with HFCL chief Mahendra Nahata at Sanchar Bhawan, headquarters of the Department of Telecom (DoT), nine companies among 45 applicants were offered letters of intent (LoIs) for unified access service licences (UASL). Within hours, a number of these companies paid the required fees and were allotted licences, but not the spectrum, the radio frequencies that enable wireless communications. Among them were BK Modi’s Spice (which received only four licences though it had applied for 20), Idea Cellular, Tat...