Below is the edited transcript of Gupta's interview to CNBC-TV18.
Q: What are your views on the TRAI recommendations?
A: There are some very big pragmatic, positives bold steps. The first one is the reserve price. It is not a half hearted attempt at tinkering, it has been done in a very well thought-out manner.
The second one is the spectrum usage charges being uniform irrespective of wherever it is taken in the auction. Lastly, there's the recommendation on spectrum rate. Unfortunately, I haven't been able to read the fine print.
What I have not been able to understand is the reason why 800 Mhz and within that, the E-GSM bands have not been put for auction. I am sure TRAI chairman Rahul Khullar would have given some reasons, unfortunately I haven't read them. So, I can't comment.
Similarly on 900 Mhz, he has mentioned that there should be no reservation. While I haven't read the reasons, this is contrary to the EGoM decision. The fact that this is not to do with the new recommendations, but is this actually a part of the old license, raises the question as to whether it is an extension or renewal?
That matter is sub-judice. Our claim is it is in extension. I think that part has been ignored atleast in the summary.
Q: Talking about that lack of reservation for the 900 Mhz that seems to be a concern for most players. Are you going to take this up, how much of a negative is this for you?
A: There are some practical issues involved here. One has to understand that these are existing networks which have been made on a certain spectrum, that has been provided. This is not a switch on switch off method. One cant say that 900 Mhz have been taken off, and you should provide 1800 Mhz.
The whole configuration has to change. I do not know how much of consideration is going into what will happen to rural areas. The rural networks are on 900 Mhz. It is impossible to make them only on 1800 Mhz. So, what would happen is those who have made it on 900 Mhz will not make it on 1800 Mhz they can't. Those who will get 900 Mhz, theoretically speaking, their last priority will be to go to rural areas today.
Q: What is your stance on the upcoming auctions?
A: We still do believe that technically we are entitled to an extension but let's see how the consensus arrives on this.
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