June 6th, 2012 2:16 AM 12 COMMENTS

GSM Heads Move FM On Spectrum Refarming Issue

The heads of Bharti Airtel, Vodafone India and Idea Cellular have jointly written a letter to Finance Minister Pranab Mukherjee seeking his intervention to prevent spectrum refarming, which apart from resulting in an increase in call rates, would cost them over Rs 1 lakh crore. The CEOs, in the letter said, their companies would have to make investments to re-tune their networks to the new frequency. If the re-tuning is not... Read More

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