Tuesday, Dec 06, 2022

Biggest ever spectrum auction begins; govt eyeing over Rs 80K-cr revenue

Most of the spectrum put up for auction is presently held by Airtel, Vodafone, Idea Cellular and Reliance Telecom.

spectrum auction, mobile spectrum, 2G, 3G, spectrum sale A total of 380.75 MHz of spectrum in three bands is put on sale.

The much awaited spectrum auction, wherein 8 companies are bidding to acquire airwaves in four bands, started today.

The auction is the biggest ever sale of 2G and 3G airwaves which may fetch the government over Rs 82,000 crore.

A total of 380.75 MHz of spectrum in three bands -— the premium 900 MHz band, 1,800 MHz and 800 MHz — is put on sale besides 5 MHz in the 2,100 MHz band across 17 out of 22 telecom areas in the country.

Based on the reserve price, the government is estimated to garner over Rs 82,000 crore.

Subscriber Only Stories
JK Cement’s SPSU Udaipur Launches ‘Golden Batch 2022’ In Collaboration Wi...Premium
Appendicitis in Children- A new lifestyle disorderPremium
Using evidence will create strong foundations for the future of education...Premium
Re-Defining The Tradition In Folk Art: An Art Educator’s PerspectivePremium

[related-post]

Most of the spectrum put up for auction is presently held by Airtel, Vodafone, Idea Cellular and Reliance Telecom. Their licences are expiring in 2015-16.

Mobile licences for Idea Cellular’s 9 circles, 6 circles of Airtel and 7 circles each of Vodafone and Reliance Telecom
are coming up for renewal.

Overall, there are 29 licences in 18 service areas which will expire in 2015-16. These licences hold 184 MHz spectrum in the 900 MHz band and 34.2 MHz in 1,800 MHz band.

Advertisement

It is mandatory for these companies to bid for spectrum if they have to continue offering mobile and other telecom
services as their permit is expiring.

The government had raked in Rs 62,162 crore from the last spectrum auction held in February 2014.

First published on: 04-03-2015 at 10:37:26 am
Next Story

US general says Iranian hand in Iraq could turn out well

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
close