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This is an archive article published on September 2, 2010

DoT may give exit route to new telecos

The move comes in the wake of some of the new entrants approaching DoT for surrendering their licences and spectrum.

Telecom Commission,the decision making arm of Telecom Ministry,will soon decide whether to allow new operators to surrender 2G spectrum and avail of refund of the money they paid in January 2008.

A senior official in the Telecom Ministry said the government is considering an exit option for the new telecom players who are struggling to roll out services.

The move comes in the wake of some of the new entrants including Swan Telecom approaching DoT for surrendering their licences and spectrum,which they had bagged two years ago,for a refund of entry fee the company had paid,at the rate of Rs 1,651 crore for pan-India operations.

As many as nine players including Swan,Uninor,Videocon -owned Datacom and Loop Telecom,had bagged spectrum in 2008 and several operators are yet to start their services.

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