The much awaited spectrum auction for the 800 MHz, 900 MHz and 2,100 MHz is scheduled to start from 25 February, 2015. The Department of Telecommunications has issued Notice Inviting Applications (NIA) for the spectrum auction in all the three frequency bands. As reported earlier, the Union Cabinet has also approved the proposal and DoT can proceed with the finalised reserve price for the 800, 900 and 1,800 MHz bands.
As reported by IANS, in an official statement DoT stated that, the reserve price approved is 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 Jammu and Kashmir; Rs.2,191 crore pan India (excluding Maharashtra and West Bengal) in 1800 MHz band.
The validity of this spectrum auction will be of 20 years and the format of the auction will have multiple rounds and ascending auction. The last date finalised for the submission of application by the telcos is 6 February, 2015. The government has decided to auction 103.75 MHz in 800 MHz band, 177.8 MHz in 900 MHz band and 99.2 MHz in 1800 MHz band — a total of 380.75 MHz in 800, 900 and 1800 MHz. However, the details about the 2,100 MHz band will be revealed later on by the government.
The government has accounted to the revenue of Rs 64,840 crore from this auction.