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Monday, April 21, 2008

Govt gets Rs 3,015 cr spectrum revenues from telcos in FY08

NEW DELHI: The booming telecom sector has fetched Rs 3015 crore
revenues to the Government from spectrum fees in 2007-08.

Revenue collections relating to spectrum charges is Rs 3,015 crore in
2007-08 while it was Rs 2090 crore in 2006-07, Minister of State for
IT and Communications Jyotirditya Scindia told Lok Sabha in a written
reply.

The sector has now 134 private licensees offering mobile services with
a user base of 20.84 crore till February 2008 with a total investment
of Rs 95,000 crore.

Besides 120 new private licensees are yet to commence operations, said
the Minister.

Government has already issued 126 Letter of Intents for grant of
telecom licenses to 17 operators who have applied up to September 25,
out of which 120 licenses have been awarded to 16 operators, he said
adding 14 operators from this have applied for initial GSM spectrum.


The sector has received a total FDI of Rs 16,691 crore from August
1991 to March 2007, whereas the total FDI received in the country
during the same period Rs 2,32,041 crore constituting 7.19 per cent of
the total Foreign Direct Investment, Scindia said.

During the last three years, 143 licenses have been granted to 20
companies in 22 circles, out of which 120 licenses were issued early
this year, he said.


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