Companies will have to pay market price of spectrum if they merge: Sibal

Updated: November 02, 2012 12:11 IST

Union telecom minister, Kapil Sibal has said that the EGoM (Empowered group of ministers) has decided that companies will have to pay a market price if they come together or acquire another company which was allocated spectrum at old price of Rs 1,658 crore rupees.

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