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Government planning to hold spectrum auction in February

spectrum auction

The Government is planning for another round of spectrum auction. The auction will be held in February for GSM and CDMA and the Government plans to raise Rs 9,355 crore through this auction. The Telecom Regulatory Authority of India has also suggested some recommendations in this regard. If these recommendations are finalized on time then the specturm auction will be scheduled for 3 February, 2015. 

As reported by PTI, an official source disclosed that, in budget estimates for the current financial year, a projection of Rs. 9,355 crore has been made from auction of 800MHz (CDMA), 900MHz and 1800MHz (GSM) spectrum. The Government has set the total target revenue of Rs 45,471 from communication services, which includes three sets of spectrum frequencies and related charges in this financial year.

Going by the plan as suggested by the Wireless Finance Section of Department of Telecom, the process of selecting the auctioneer can begin in a months’ time. Moreover, all the guidelines regarding the proposed auction will be made available by 1 December, 2014. 

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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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