New Delhi, Oct. 9 -- Rollout of satellite communication (Satcom) services in India will be kicked off soon after the Telecom Regulatory Authority of India (TRAI) finalises the spectrum pricing, Union Minister for Communications Jyotiraditya Scindia said on Thursday.

Speaking to reporters on the sidelines of the India Mobile Congress, Scindia said, "As I said in my address, we have given out two licenses. One letter of intent has been given out. Now, it depends on the players. The issue is that TRAI has to still finalise the spectrum pricing."

The minister said the telecom industry in India is one of the most deregulated and competitive globally.

"We have four DSPs already in place. We have IS, there is a tremendous amount of power. Pen...