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DoT defends its decision not to auction 2G spectrum for new entrants.(POLICY & REGULATION)

India's Department of Telecom has reportedly told the Prime Minister's Office (PMO) that its decision not to auction 2G spectrum for new telecom firms was taken to avoid a hike in telecom tariff rates. The new entrants were recently granted pan-India licenses in addition to initial-spectrum for a fee of just $385.84 million, which was fixed in 2001. The DoT has also stated that a reduction in the entry barrier will help to make telecom services more affordable for the common man. This development assumes considerable significance as the DoT, Telecom Regulatory ...

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