Cabinet nod to liberalise spectrum at TRAI rates

The Cabinet decision taken on Wednesday will enable Reliance Communications (RCom) to liberalise its spectrum in four telecom circles, where auction determined price is not available, for Rs 1,300 crore.
The Union Cabinet has cleared liberalisation of spectrum – allocated without auction to telecom companies – at TRAI recommended price with the balance being collected after deriving market rate through bidding.
The Cabinet decision taken on Wednesday will enable Reliance Communicati