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Government delays spectrum auction by March

spectrum auction

The Government has decided to delay the telecom spectrum auction, which were scheduled to take place from 25th February. The auction will now take place from 4th March, along with this the deadline for the bidders to submit the application has also been stretched to 16th February. This change in the schedule is uploaded on the official website of DoT as first amendment in the notice inviting application for spectrum auctions.

Also Read: Telecom Commission: complete the spectrum auction by 28 February, 2015

The government is expecting a minimum of Rs 9,355 crore of collection from the auction of three bands. The three bands up for auction includes – 800MHz,currently being used for CDMA services, while the other two sets of band, 900MHz and 1800MHz, are being used for GSM-based mobile services by leading companies like Airtel, Vodafone, Idea Cellular and Uninor. The auction will also witness the bidding for 900MHz band for the telecom operators, whose licenses are set to expire by next year.

Also Read: Government planning to hold spectrum auction in February

The government has also fixed reserve price of Rs 3,646 crore pan-India per MHz in 800 MHz, Rs 3,980 crore for 900 MHz band pan India excluding Delhi, Mumbai, Kolkata, and J&K; Rs 2,191 crore pan India (excluding Maharashtra and West Bengal) in 1800 MHz band. The reserve price for the 2,100 MHz band has not been announced yet. The government earned Rs 62,162 crore from the last auction and this time it has held the target high.

The auction was earlier scheduled to begin from 25 February and the interested bidders were asked to submit applications by 6 February.

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Heena Gupta

A reader at heart, this girl loves to express through writing. Her ears perk up as soon as she senses any tech molecule in the air. With the ability to use and navigate typical technologies she becomes a complete tech enthusiast. This post graduate in Mass Communication lives in the world of gadgets. Fiction, history and cartoons keep her busy in the free time. Her urge to grow mixed with excellent writing skills forces us to have her as a part of our workforce.

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