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Highlights of telecom chiefs' press conference
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03 May 2012, 03:31 PM IST 
TEPCO's power plant in Kawasaki, south of Tokyo.
The chiefs of major telecom services providers have just started a media conference to present their perspective on the proposed auction of 2G spectrum. Himanshu Kapania, MD, Idea Cellular, Sanjay Kapoor, CEO and Joint MD, Bharti Airtel, Martin Pieters, CEO, Vodafone India, Rajiv Bawa, MD, Uninor, and Arvind Bali, Group Director, Videocon are present at the press conference.
Here are highlights of the same.
Sanjay Kapoor, CEO and Joint MD, Bharti Airtel says:
- Recommendations are flawed and retrograde.
- Will ring death knell for Indian telecom industries
- Seek clarity on TRAI recommendations on spectrum
- Recommendations will hit consumer interest
- Can't relate to figures put out by TRAI
- Price elasticity impact will play havoc
- Telecom industry contributed Rs 34,000 crore to government
- Current trends are a reversal in key financial parameters
- If recommendations are accepted then it will lead to prolonged litigations
- We are encouraged by telecom commission's response
- Telecom contributed Rs 34,000 cr to exchequer