Vodafone seeks immediate allotment of spectrum won in Nov - Business Standard

		Vodafone seeks immediate allotment of spectrum won in Nov The company also sought clarification if the 20-year licence period will commence from date of actual allotment of the said spectrum Sounak Mitra / New Delhi Feb 03, 2013, 16:19 IST Alleging 'undue' delay in spectrum allocation, Vodafone India has asked the Department of Telecommunications (DoT) to "immediately allot spectrum" for the 14 telecom zones for which the company has won airwaves in the previous auction that concluded in November 2012. The company has already made payments for the spectrum as per rules. The country's second largest telecom services provider by subscriber base has also sought clarification if the 20-year period of the licence validity will commence from date of actual allotment of the spectrum which is already being delayed.   Also Read   - Weekly: Rate sensitives drag markets - Musharraf hid Kargil intrusions from ISI: former general - New truck sales crash amidst oversupply - Hero Motocorp posts highest ever monthly sales in Jan - Central institute signs pact AP energy mission More In a recent letter to the DoT secretary R Chandrashekhar, Vodafone India has said, "We call upon DoT to immediately allot us the spectrum acquired by us through auctions, for which payments have already been made and LoIs (Letters of Intent) were issued." "The reason for the delay in the allotment of spectrum is on account of the fact that it is still being used by operators whose licences were cancelled vide the Supreme Court judgement dated February 2, 2012," Vodafone mentioned. TV Ramachandran, Resident Director (regulatory affairs and government relations), Vodafone India, in his letter, has also pointed out that operators like IDEA Cellular, Videocon, Uninor have already allotted the same frequency in service areas like Assam, Haryana, J&K and Orissa, where Vodafone has also won spectrum in the November auction. Vodafone has won spectrum in 14 circles in the November auction for Rs 1,127.94 crore. "As per the existing guidelines, Vodafone India has made a payment of Rs 372.22 crore under the deferred payment option route on November, 22, 2012," the letter stated. As per the notice inviting application (NIA), the issue of LoI (Letters of Intent) shall be taken as the effective date for reckoning of the licence period. So, Vodafone has sought clarification on the 20-year licence term. "In context of, the pending allocation of spectrum and continued use of spectrum by other license operators, DoT may immediately clarify and confirm that the period of 20 years for which the right to use the spectrum has been acquired by the licensee through this auction will be reckoned from the date of actual allotment of the said spectrum," according to the Vodafone letter. New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Weekly: Rate sensitives drag markets - Musharraf hid Kargil intrusions from ISI: former general - New truck sales crash amidst oversupply - Hero Motocorp posts highest ever monthly sales in Jan - Central institute signs pact AP energy mission Tags : Vodafone | R Chandrashekhar | Letters of Intent | notice inviting application   Read Business news in  Advertisements -  Make your trip little bit more special by flying premium economy. -  Europe holiday deal: Save on early booking -  Introducing Sail car, when life gives your more starting from 4.99 lakhs. -  Open a Sharekhan Online Trading and a Demat Account for FREE! -  Deploy Applications on-premises or in the Cloud. Learn More. -  Up to 20% Off on Diamond Jewellery. Buy now. -  Relax and enjoy breakfast & internet in great destinations -  Luxurious apartments in Kondhwa at Rs 70 Lac onwards -  Markets Reports on Every Trading Day. Click here to know more -  Stay at the most Ideal business hotel in nashik. Book now -  Win an enrollment fee waiver worth up to US $ 530! Sign Up. -  Advanced Air Quality Control System for Cleaner Air. -  Trust is the beginning of everything. Click here to know more -  Advanced Monorail for Congestion Free Travel. Click here -  Fly to Britain with a touch of British flair From INR 51079. Click here	via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFQjzorqtYuvXp2XhuD2eX3Vl_p1A&url=http://business-standard.com/india/news/vodafone-seeks-immediate-allotmentspectrum-won-in-nov/205111/on
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