Union Cabinet gives nod to newly proposed Spectrum Trading Guidelines

prime-minister-narendra-modi-300x300Soon after taking the decision on spectrum sharing, Prime Minister Narendra Modi has approved a proposal of the Department of Telecommunications (DoT) on the guidelines for spectrum trading arising from the recommendations of the Telecom Regulatory Authority of India (TRAI). Together with the earlier decision, this is expected to transform the spectrum usage in the telecom sector.

The salient features of the norms for spectrum trading shall include:

Spectrum trading will be allowed only between two access service providers. Only outright transfer of right to use the spectrum from the seller to the buyer shall be permitted.
Spectrum trading will not alter the original validity period of spectrum assignment as applicable to the traded block of spectrum.
The seller shall clear all his dues prior to entering into any agreement for spectrum trading. Thereafter, any dues recoverable up to the effective date of transfer shall be the liability of the buyer…Read more

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