wordpress blog stats
Connect with us

Hi, what are you looking for?

, , , ,

Govt to auction off 2354 MHz of spectrum worth Rs 5.6 lakh crore

A total of 2,354.55 megahertz of spectrum in the 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300MHz, and 2500MHz bands will be auctioned by the government on September 29th , which could apparently fetch it Rs 5.6 lakh crore. The government has issued notice inviting applicants (pdf) for prospective bidders through the DoT, and specified a tentative timeline for the auction process. This will be India’s largest telecom spectrum auction. Note that out of the 2,354.55 MHz of spectrum, a quantum of 197MHz of airwaves in the 1,800 MHz band and 37.5MHz in the 800 MHz band, were released due to spectrum harmonization process conducted in these bands. Reserve price: The reserve prices for the 2016 auctions is set as per recommendation of TRAI; it had suggested reserve prices of Rs 11,485 crore per MHz for pan India airwaves, including the 700 MHz spectrum, which is being auctioned for the first time. Note that spectrum auctions in 2015 fetched the government Rs 1.09 lakh crore from the sale of 418.05 MHz of spectrum. Timeline: As per the auction timeline, the last date for submission of application is set on 13th September, following which applicants are reviewed for certain ownership and license compliance. A list of pre-qualified bidders will be issued on 19th September and final list of qualified bidders will be put up on the DoT site by 23rd September. Here is the entire timeline: Guidelines for applicants The DoT has also slated specific guidelines, and criteria for both…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

New bill narrows focus over predecessors that went heavy on data sovereignty, localisation and compliance. What explains this change?

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ