According to a study, the change in frequency for transmitting mobile signals could cost the telcos over Rs 1 lakh crore (Rs 1 trillion) cumulatively.
"The matter is going to EGoM. “The EGoM is slated to meet very soon. “In fact we were to meet last week. EGoM could not meet due to several reasons. . .I can't disclose them," Law and Telecom Minister Kapil Sibal told PTI in an interview.
Telecom operators mainly Airtel, Vodafone and Idea Cellular have opposed spectrum refarming as they will need to vacate 900 megahertz frequency band, in which cost of providing service is less compared to other frequency bands, or pay high price for continuing services in the band.
Government has asked telecom operators to move to 2G frequency band of 1800 Mhz band to continue services after their licence terms is over.
Airtel, Vodafone and Loop Mobile are among first lot of players whose licence in couple of circles will expire in 2014.
As per present norms, they will have to secure airwaves by participating in auction.
"We are now going to proceed with further auctions, both of the 900 Mhz and 1800
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