Relief for MTNL & BSNL: DoT to Refund 4G Spectrum Fee

While the revival plans of two state run telcos is still underway, DoT has asked the group of ministers to refund Rs. 12,846 crore to BSNL and MTNL if they surrender their 4G airwaves. This will give some financial relief to the otherwise loss making companies but the irony is that the same rule does not apply in the case of private telcos. The department (DoT) has argued that BSNL and MTNL were given 4G airwaves or wireless broadband spectrum in 2008 and the allotment letters given to the PSUs did not state anything related to surrender of bandwidth. On the other hand, the private operators were allotted spectrum in 2010 and according to the spectrum auction rules of 2010 the companies will not get a refund if they surrender their airwaves.

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Nexus 4 Enters into Indian Market; To Be Priced at Rs 25,990

The long awaited LG Google Nexus finally arrives in India as an e-commerce portal Flipkart puts up the Android Device for Pre orders. To be priced at Rs.25, 990, the estimated date of release is 4th week of May (as given on the flipkart). The latest in the line of Google’s Nexus smartphones, Nexus 4 boasts an 8 MP Primary Camera with LED Flash and 1.3 MP Secondary Camera. Powered by Snapdragon S4 Pro 1.5 GHz Quad Core Processor, it is a full touch enabled smartphone that runs the latest Android operating system – 4.2. Flipkart is currently offering the smartphone with a Zero Processing Fee on EMIs of 3 and 6 months.