Outlookindia – 2G Nothing But Sensationalised by Media, Parties: Raja
The case was nothing but sensationalised by the media and also political parties, Raja, the dalit face of the DMK, alleged at a meeting here.
En route to his parliamentary constituency of Nilgiris, his first since his arrest in February last year, Raja said this was totally unjustifiable.
Claiming that in 2009 the CVC in its findings had put the estimated loss in allocation of 2G spectrum at Rs 22,000 crore, which was “increased” to Rs 1.76 lakh crore by CAG, he said, the investigating agency CBI had brought down the amount to Rs 35,000 crore.
The media was chasing him from “to get… Continue reading
Asian Age – 2G case nothing but sensationalised by media, parties: Raja
Former Telecom Minister A Raja, who is prime accused in the 2G scam, on Sunday lashed out at certain political parties and the media for ‘blowing out of proportion the false charges’ against him on the spectrum issue.
The case was nothing but sensationalised by the media and also political parties, Raja, the dalit face of the DMK, alleged at a meeting here. En route to his parliamentary constituency of Nilgiris, his first since his arrest in February last year, Raja said this was totally unjustifiable.
Claiming that in 2009 the CVC in its findings had put the estimated loss in allocation of 2G spectrum at Rs. 22,000 crore, which was ‘increased’ to Rs. 1.76 lakh crore by CAG, he said, the investigating agency CBI had brought down the amount to Rs. 35,000 crore.
The media was chasing him from “to… Continue reading
Zeenews – 2G case nothing but sensationalised by media, part
The media was… Continue reading
DC – Knots and crosses
Editorial » Op-ed
Knots and crosses
June 7, 2012 DC
Logic used by CAG is faulty
Mohan Guruswamy
Opportunity cost is the cost of an activity measured in terms of the value of the next best or available alternative that is not chosen. Comptroller and Auditor-General Vinod Rai has used this concept to arrive at his estimate of a loss of Rs 176,645 crore in allotting the 2G spectrum. In reaching the stupendous figure, Mr Rai has used the pithy logic of Benjamin Franklin: “He that kills a breeding sow, destroys all her offspring to the thousandth generation.”
The problem with this logic is that the state is not a business. A business does not contend with the notion of common good; it is about making profits. It would seem that Mr Rai considers the government a business, and former telecommunications minister A. Raja killed the… Continue reading
HBL – 2G pricing: Telecom panel to present two options to Ministers’ group
THOMAS K THOMAS
NEW DELHI, JUNE 1: The spectrum pricing formula suggested by both TRAI and an internal DoT committee will be presented to the Empowered Group of Minister for a final decision.
While TRAI had proposed Rs 18,000 crore as the reserve price for 5 Mhz spectrum, the DoT panel had proposed a 17 per cent higher fee.
The Telecom Commission will also present two options for deciding the quantity of spectrum to be sold.
A minimum of eight blocks each of 1.25 Mhz may be put up for auction in all service areas after reserving for re-farming.
In addition, a provision may also be inserted to make available another three blocks of 1.25 Mhz to meet the requirement of new entrants.
The second option is to put all spectrum available on the block, which includes 55 Mhz spectrum to be vacated by the Defence, according to the Minutes… Continue reading
EGoM to meet on June 5 for fixing spectrum price
PTI
New Delhi, May 28, 2012
An Empowered Group of Ministers (EGoM), headed by finance minister Pranab Mukherjee, will meet on June 5 to decide on the base price for the much-awaited auction of telecom spectrum.
“The EGoM will meet on June 5,” department of telecom secretary R Chandrashekhar told reporters in New
The Telecom Commission (TC), which met here last week, left the decision on the high-powered ministerial panel of fixing the price of spectrum to be auctioned, as necessitated by the cancellation of 122 2G licences by the Supreme Court.
It has asked sectoral regulator Trai to conduct an analysis of the impact of spectrum price on tariff if it is passed on and in case it is absorbed, then what is the effect on companies’ businesses, viability and return on investment.
The detailed analysis, along with Trai recommendations, would be presented to… Continue reading
DoT suggests further 17% increase in base price for 2G spectrum bids-Report
| As if TRAI proposals on 2G spectrum auction which seek to hike the reserve price many fold is not enough, the telecom department (DoT) is leant to have suggested a further 17% increase in the base price for 2G spectrum bids, Economic Times reports.
The newspaper has quoted a senior official quoted to say that a DoT panel studying Trai’s proposals on spectrum auctions has concluded that reserve price for second generation airwaves in the 1800 MHz band should be revised to Rs 4,245 crore per unit (on a pan India basis), said a senior official. Trai has proposed a base rate of Rs 3,622 crore per unit. In another development the DoT panel has also rejected the regulator’s proposal to allow mobile phone companies to stagger their payments for spectrum bagged through the bidding process. It is also of the opinion that mobile phone companies must not… Continue reading |
DoT sets 2G price 17% above Trai’s
Trai has proposed a base rate of Rs 3,622 crore per unit. In another step that will upset the industry, the DoT panel has also rejected the regulator’s proposal to allow mobile phone companies to stagger their payments for spectrum bagged through the bidding process.
It is also of the opinion that mobile phone companies must not be allowed to mortgage spectrum to raise funds… Continue reading
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