Source: LiveMint.com, Mar 31, 2017
New Delhi: The Telecom Regulatory Authority of India (Trai) has suggested that the government allow telecom companies to use spectrum as collateral for borrowing amid falling revenues and a decline in the sector’s contribution to the exchequer.
“That will assuage the stress of telecommunications as well as the banking sector,” Trai secretary Sudhir Gupta wrote in a letter to new telecom secretary P.K. Pujari on 29 March. A copy of the letter has been reviewed by Mint.