Trai had suggested a base price of Rs 3,004 crore for 900 MHz spectrum sale in 18 circles and Rs 2,138 crore as the reserve price to auction airwaves in the 1800 MHz band in 20 circles.
A mobile wallet is a software application in a handset that functions as a `virtual’ container where cash is stored digitally and can be used for DTH service top-ups, mobile recharges etc.
BBNL is executing the NOFN project while BSNL has been asked by the govt to meet 70% of the countrywide cable laying, trenching and ducting work to take high-speed internet to 2.5 lakh village blocks.
NOFN will be the main highspeed internet backbone for delivering government services to the common man under the Digital India initiative from 2019.
MTNL owns 26.68% in UTL while the balance shares are owned by Tata Communications (26.66%), TCIL (26.66%) and Nepal Ventures Pvt Ltd (20%).
Sterlite will deliver super-fast fibre broadband connectivity at 20 to 50 Mbps speeds to urban homes through partner mobile operators.
In parallel, the Telecom Commission (TC) is taking steps to arrange an early Rs 6,794 crore refund for BSNL's surrendered 4G airwaves.
RJIL, the telecom arm of Mukesh Ambani owned Reliance Industries (RIL), had earlier awarded a contract for 60,000 LTE base stations to Samsung.
The state-run telco has been unable to place advance purchase orders with Finland's Nokia Networks, which had emerged the lowest bidder for supplying 2G and 3G equipment in both cities back in January.
The company will also participate in real estate industry fora and conduct live demos of its wireless internet devices.
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