India's largest spectrum auction to start from Sep 29

August 08, 2016 17:58

Bidding rounds for the country's biggest-ever spectrum auction will begin from September 29, in which mobile airwaves worth Rs 5.63 lakh crore at the base price value will be put up for sale. "Large chunk of spectrum is being put for auction which address issue of fragmentation, improve quality of service and rules have been made bidder friendly," Telecom Secretary J S Deepak said.

The government will put a total of 2,354.55 megahertz of mobile airwaves frequencies for auction all band -- 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz and 2300 Mhz. All the airwaves being put for auction can be used for high speed 4G

services.

The total quantum of spectrum being put for auction includes about 197 Mhz of frequencies in 1800 Mhz band and 37.5 Mhz in 800 Mhz band (CDMA band).

The government expects to raise at least Rs 64,000 crore from the auction of about 2,354.55 Mhz of spectrum and Rs 98,995 crore from various levies and services in the telecom sector this financial year.

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