New Delhi, Dec 12 (UNI) Prime Minister Manmohan Singh today said the new spectrum policy regime must be ''fair, transparent, equitable and forward looking'' and should not create entry barriers to newcomers in the Indian telecom sector.
''At the same time, the revenue potential to the government must not be lost sight of,'' Dr Singh said, adding that governments across the globe have harnessed substantial revenues while allocating spectrum.
Speaking at the 'India Telecom 2007', Dr Singh said that in the final analysis, the key issues are correct pricing, fair allocation rules, and a pro-competitive stance.
The Prime Minister's statement came hours before telecom tribunal Telecom Disputes Settlement and Appellate Tribunal (TDSAT) refused to stay the issuance of new licenses.
The government has now said it will start issuing spectrum to new entrants including Reliance Communications under the dual technology clause.
The government will also consider Tata Teleservices application for use of cross-over technology favourably.
Counsel for Department of Telecom (DoT) Goolam Vahanawati said spectrum will be allocated in the 4.2 MHz and 6.2 MHz to start-ups, but there will be no spectrum allotment over 6.2 MHz until the sub-committee appointed by the DoT submits its report.