As cancellation of 2G licences, obtained by operators at highly undervalued prices of spectrum in 2008, could have a negative impact on the growth of telecom sector, the government is working on a formula aimed at compensating the exchequer that suffered a “presumptive loss” of over Rs.1.76 lakh crore (based on 3G spectrum prices) from the entire scam.
The Ministry of Communications and Information and Technology feels cancellation of licences of the erring operators could lead to litigations and spoil the economic environment in the country. The government, however, may ask these operators to pay an additional amount for spectrum to compensate for the massive loss to the public exchequer.
to know more pl. read the following....www.thehindu.com.Formula....
www.thehindu.com-Formula to compensate rather than to cancel licenses-telecom-2G
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