Telenor Seeks More Spectrum in India, Says Open to M&A

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Norwegian telco Telenor’s CEO Jon Fredrik Baksaas urged the Indian government to release more spectrum, and added that it is open for M&A in the country, but current rules don’t encourage such a move.

“Countries release nearly 100% spectrum for commercial use, but in India, a comparably smaller amount of spectrum is released, which needs to be changed,” Baksaas told ET during an exclusive interaction. He is here In India for a few days reviewing the progress of the company’s India unit, Uninor.

He added that the Indian government should not charge hefty upfront payments from the industry on account of airwaves but should allow the industry to grow which would bring higher profitability and in turn mean more taxes for the government, he added.

India’s telecom sector is one of the most regulated industries where cost of airwaves is far higher than its international counterparts. The industry has been demanding lower base prices for airwaves such that it can take telephony and data services to people countrywide. Original post by Romit Guha/ET Telecom

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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