Vodafone India has offered to pay Rs.4,000 crore for retaining premium 2G spectrum in three metros — Delhi, Mumbai and Kolkata, where its licences will expire next year.
Vodafone, the nation’s second largest telecom operator, on June 18 wrote to the Telecom Secretary offering to pay Rs.4,000 crore for extension of its licence beyond November, 2014.
“For extension of our licence for 20 years, along with current mix of spectrum and flat spectrum usage charge of 3 per cent AGR (ajusted gross revenue), we are willing to pay Rs 4,000 crore,” the company wrote.
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Auction
The government, however, has plans to auction spectrum in the three circles in the forthcoming round scheduled later this fiscal.
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