India to issue licences to 16 mobile applicants - report (India)India will approve telecommunication licences to sixteen applicants for mobile services, reports the Economic Times. Among the new applicants are Shyam Telelink, Parsvnath, BPL Mobile and Indiabulls. Telecommunications secretary Dinesh Mathur said that the government is considering issuing letters of intent but declined to give a time frame or how many applicants would be approved. Mathur also added that in the first phase, the government will consider only those applications that came before 25 September but this does not mean it will not consider other applications. Applicants who pass muster will have to pay INR 16.51 billion (USD 419 million) for a nationwide licence. Each letter of intent holder, after it pays the licence fee, will be entitled to 4.4 MHz of GSM spectrum per circle, subject to availability.
Wireless Mobile Telecom Wireless News
