NEW DELHI, Oct 23 (Reuters) - India's telecommunicationsregulator reiterated on Wednesday its recommendations for asharp cut in the reserve prices in an upcoming auction formobile phone spectrum, responding to clarifications sought bythe telecommunications ministry.
The Telecom Regulatory Authority of India had recommendedlast month that the reserve price for spectrum in the 900megahertz band in some key cities be cut by about 60 percent,and also suggested a 37 percent cut in the reserve price forspectrum in the 1800 megahertz band.
India's federal cabinet has the final say on the spectrumprice proposals, while a panel of ministers will decide on someother rules for the auction planned for January.