Telecom Regulatory Authority of India (TRAI) has
been asked to expedite base price recommendations for the proposed 3G Spectrum
auction in February 2015.
In a statement, TRAI said Department of Telecom requested
it to expedite the process for its recommendations on the reserve price of 2100
Mhz band and related issues so that the auction of spectrum in this band could
be conducted along with the auction of spectrum in the 800/900/1800 MHz bands
scheduled in February 2015.
Department of Telecom is in talks with the Defence
Ministry for the vacation of the band and there are three possible scenarios
under deliberation.
Telecom companies as well as the regulator have been
of the view that the auction should take place only when adequate spectrum is
made available, and the bidding should be held simultaneously for both the services
- 2G and 3G.
The Telecom Regulatory Authority of India said
stakeholders can send their comments regarding 2100 Mhz band auction by
December 15 and counter-comments by December 19.
As per estimates, auction of spectrum in 2100 Mhz band in February can fetch bids worth at least Rs 5,000 crore.
As per estimates, auction of spectrum in 2100 Mhz band in February can fetch bids worth at least Rs 5,000 crore.
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