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Business News/ Companies / Give spectrum, stable regulation: CEOs of 25 telcos to PM
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Give spectrum, stable regulation: CEOs of 25 telcos to PM

Give spectrum, stable regulation: CEOs of 25 telcos to PM

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New Delhi: The CEOs of the world’s top 25 telecom companies, including Sunil Mittal of Bharti Airtel, have approached Prime Minister Manmohan Singh seeking faster allocation of spectrum and a stable regulatory environment for expanding telecom services.

The GSM Association, a union of GSM operators worldwide, to which Mittal is a signatory, has written to Singh asking India and the governments of the G-20, which is currently meeting in London, to ensure a stable regulatory environment for services like mobile broadband.

Mobile broadband is nothing but the next generation 3G mobile telecom services and has encountered controversies for the last one year.

“As the G-20 leaders prepare to meet in London, we the undersigned urge you to endorse an ambitious private sector initiative to build new infrastructure for the digital economy that will bring measurable benefits to societies across the world," the letter, signed by the 25 CEOs to Singh, said.

In particular, the deployment of mobile broadband could create 25 million jobs around the globe, and it be financed by private capital.

“... a bold plan requires two key enabling actions from the G-20 governments, namely to allocate to the mobile industry the radio spectrum it needs over time to build these new networks. Deliver a stable, predictable and minimally intrusive regulatory environment," they said.

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Published: 02 Apr 2009, 09:32 PM IST
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