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EGoM meeting on spectrum deferred

A crucial meeting of the high-powered ministerial panel on auction of telecom spectrum,headed by Finance Minister Pranab Mukherjee,was deferred

A crucial meeting of the high-powered ministerial panel on auction of telecom spectrum,headed by Finance Minister Pranab Mukherjee,was deferred on Thursday.

The meeting of the Empowered Group of Ministers EGoM,slated for the evening,was postponed initially and subsequently deferred indefinitely,official sources said. No reasons were given for the postponement. Also no new dates have been indicated of the next meeting.

The EGoM was to discuss crucial issues of high spectrum price recommended by TRAI,payment terms and network roll-out obligations for auction of airwaves due before August 31.

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