DoT may not allow liberal payment terms for spectrum auction: Report
DoT may decide against the Trai's recommendations to allow Indian telecom operators on liberal payment terms for spectrum auctions, according to an Economic Times report. The DoT may not allow the recommendations because it could hit the government's revenue collections. "The payment terms have already been eased. In the 2010 auctions, the government had received an upfront payment and later to support the industry, we changed it to staggered payment," a... Read More