Bidding for spectrum worth Rs 3.92 trillion to start from March 1

Bidding for the sixth round of spectrum auction for radiowaves value Rs three.ninety two trillion will get started from March 1, in accordance to a see issued by the governing administration on Wednesday.

The Union Cupboard had authorised a proposal for the auction of two,251.twenty five Megahertz (MHz) of spectrum value Rs three.ninety two trillion at the base selling price on December 17, 2020.

The Office of Telecom (DoT) has fastened January twelve for the pre-bid convention and very last date for looking for clarification to the see on January 28.

Telecom operators will have to have to post their software by February five for participation in the auction.

The last list of the bidders will be declared on February 24 and bids for spectrum in frequency bands of seven-hundred MHz, 800Mhz, 900 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz is scheduled to get started from March 1, in accordance to the see.

(Only the headline and photograph of this report may perhaps have been reworked by the Enterprise Common staff the relaxation of the articles is automobile-generated from a syndicated feed.)

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