Spectrum reforms, future allocation norms will ease financial burden on telcos: COAI

Industry body COAI on Tuesday said spectrum reforms notified by the government including removal of financial bank guarantee requirements, and scrapping of SUC for future auctions are “welcome steps” that would ease the financial burden on operators. The slew of measures would go a long way in enhancing the ease of doing business in the telecom sector, the Cellular Operators’ Association of India (COAI) said in a statement.