Key take aways of EGoM on Telecom : (1) Companies whose licences are cancelled to get refund (2) Companies willing to surrender excess spectrum will get proportionate refund (3) Last but not least, Companies willing to retun excess spectrum to pay (3a) One time payment (3b) such payment though termed as ONETIME, can be paid by Companies in staggered ANNUAL INSTALMENTS. Hope stocks of telecom companies that were low thus far, will see upside action now