The government said on Thursday it would issue new set of guidelines for issue of telecom licences and allocation of spectrum in the next 10 days.
"A committee has been formed to scrutinise details of new applications and spectrum related issues. It will submit its report in the next 10 days," Communications Minister A Raja told reporters in New Delhi on the sidelines of an Assocham event.
The department of telecom is currently looking into guidelines relating to spectrum allocation and other financial criteria like net worth of the applicant for the purpose of awarding new licences.
The government has received over 300 applications from nearly 30 companies to enter
into the fast growing telecom sector.