India will sell 2251.25MHz of spectrum for use with 4G services in March 2021 during a government auction that values frequencies at a huge INR3.92 trillion (US$53.2 billion). The auction will be for spectrum in 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, 2300MHz and 2500MHz frequency bands, said a press release issued by the government. Spectrum will be offered for assignment for a validity period of 20 years.
Authorities are to publish Notice Inviting Applications (NIAs) that will include details of all auction rules later this month.
This would be India s first auction since consolidation left the market with just three big telcos Reliance Jio, Bharti Airtel and Vodafone Idea that are expected to dominate proceedings.
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The next Indian spectrum auction is not far off. The telecommunications and IT minister Ravi Shankar Prasad has announced plans to auction 2251.25 MHz of spectrum in March.
According to Indian press reports, the country’s cabinet accepted the Department of Telecom’s (DOT) proposal on the next spectrum auctions at a meeting this week. However, the March sale will, apparently, only be of 4G spectrum. A total of 2251.25 MHz spectrum will be sold in the 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, 2300 MHz and 2500 MHz bands.
4G Auction: Telecom minister Ravi Shankar Prasad says Govt will sell 2251.25 MHz spectrum for over Rs 3.92 lakh crore
The Department of Telecom will issue Notice Inviting Applications (NIA) from telecom companies for auction process within this month. Telecom minister Ravi Shankar Prasad. (Photo: ANI)
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Updated: Dec 16, 2020, 04:37 PM IST
In a major development for the telecom sector, the Cabinet accepted the telecom department’s proposal on the next spectrum auctions at its meeting on Wednesday (December 16), which would include a sale of only 4G airwaves and will be held in March 2021.
Telecom and IT minister Ravi Shankar Prasad said that the government will auction a total of 2251.25 MHz spectrum in 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, 2300 MHz and 2500 MHz bands. 2251.25 MHz will be offered with total valuation of Rs. 3,92,332.70 crore (at reserve price).