By Rajesh Sharma | 09.23.2018 | 11:03 amThe spectrum blackout has hit India’s spectrum industry hard, with several states being hit hard and many others experiencing high losses, according to an article by The Times Of India.
The article states that more than 1.5 lakh mega-megahertz spectrum licenses were sold for use by the telcos in just over a week, and about 1.1 lakh licenses have been cancelled or suspended.
The blackout is not affecting consumers in the affected states.
In states like Uttar Pradesh, Bihar, Rajasthan and West Bengal, the blackout has affected only the rural areas, but has affected most cities in the country.
The report states that the telco operators are also seeking to find more revenue-generating ways to pay back the money they borrowed from the government.
The regulator has ordered telcos to file an affidavit in the civil court by July 30th and give details of their losses.
The Times of Indian also adds that telecoms minister Kapil Sibal has instructed telecom operators to immediately make an explanation to the public on why they are not charging customers for spectrum they have used.
The company also pointed out that the regulator has taken up the matter with the telcoms.