The Union Cabinet on Wednesday approved a round of auctions for spectrum to telecom operators, to be held in March 2021. A total of 2,251.25 MHz of spectrum is up for auction at a reserve price of ₹3.92 lakh crore. No 5G spectrum is up for auction in this round, where telcos are more likely to spar over additional spectrum to boost their airwaves to better manage existing 4G data demand. "The auction will be for spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands. Spectrum will be offered for assignment for validity period of 20 years. A total of 2251.25 MHz is being offered with total valuation of Rs. 3,92,332.70 crore (at reserve price)." — Government statement The high reserve price is a bit of a pain point for…
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