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DoT Unveils Draft Rules For Spectrum Allocation For Satellite Firms, MTNL, BSNL; Starlink Out Of Ambit
The satellite broadband industry is still awaiting a separate framework.
DoT drafts spectrum assignment rules for BSNL, satellite and broadcasting firms; NGSO players excluded
New draft rules from the Department of Telecommunications will allow administrative spectrum assignment for state-run firms like BSNL and MTNL, law enforcement, and private satellite/broadcasting companies. These rules specifically apply to geostationary orbit (GSO) satellite users, including VSAT and teleport operators, with spectrum fees set at 3-4% of adjusted gross revenue. Non-GSO players like Starlink are awaiting separate pricing and approval processes.
Q4 Results LIVE Updates: Sanghvi Movers shares surge over 12%; Jubilant Foodworks down 7%
Q4 Results LIVE Updates: ITC, Aurobindo Pharma, LIC, LG Electronics, Ashoka Buildcon, Bikaji Foods, Datamatics, Engineers India, GMM Pfaudler, Happy Forgings, Honasa Consumer, Ixigo, Nykaa, Page Industries, Ramco Cements, Max Healthcare, Prestige Estates, MTNL, Sun TV, Quick Heal, RCF, WeWork, VA Tech Wabag, are among the companies reporting their earnings today. The street will also react to numbers reported by Whirlpool, Apollo Hospitals, Sammaan Capital, JK Lakshmi Cement, Lenskart, Ola Electric and others. Watch this space for all the LIVE earnings updates.