SPECTRUM AUCTION

  • DoT for commencing spectrum auction from February 23 2 days ago

    New Delhi: Spectrum auction for mobile services is expected to start from February 23, a few days later than suggested by a ministerial group, according to official sources. The inter-ministerial group, formed to work out modalities for the next round of auction, had suggested February...
  • TRAI proposes 10 per cent hike in spectrum auction reserve price October 15, 2014

    New Delhi: The Telecom Regulatory Authority of India (TRAI) on Wednesday recommended around 10 per cent hike in the reserve price for 1800 MHz band spectrum auction compared to the last winning price in the February 2014 sale. "In the 900 MHz band, only the spectrum held by them is available...
  • Spectrum auction begins, government expects to collect at least Rs 11,000 crore February 3, 2014

    The third round of spectrum auction started on Monday with eight telecom companies in fray, from which the government expects to garner at least Rs 11,300 crore. "The auction started at 9 am today," an official source said. The Department of Telecom has put on block around 385 MHz of radiowaves in...
  • Airtel, Vodafone, RJIL, 5 others apply for spectrum auction January 16, 2014

    New Delhi: Bharti Airtel, Vodafone and a surprise entrant Reliance Industries are among the 8 telecom operators that have applied for bidding in the next month's spectrum auction through which the government is expecting at least Rs 11,300 crore. Tata Teleservices, Idea Cellular and Anil Ambani Group's Reliance Communications were the...
  • EGoM to discuss spectrum auction, M&A policy today November 22, 2013

    The Empowered Group of Ministers on telecom, headed by Finance Minister P Chidambaram, is likely to discuss on Friday the details of the third round of spectrum auction as well as M&A guidelines for the sector. "All issues related to spectrum auction which includes its views on base price, schedule of...
  • Spectrum auction expected in January, revenue target at Rs 11,000 crore September 24, 2013

    The Department of Telecom is likely to conduct the third round of spectrum auction by January and expects to garner a minimum revenue of about Rs 11,000 crore this fiscal, a top official said. Replying to a query on expected timeline for the next round of spectrum auction, Telecom Secretary MF...
  • Government eyes Rs 11,000 crore revenue through spectrum auction September 24, 2013

    New Delhi: The Department of Telecom is likely to conduct the third round of spectrum auction by January 2014 and expects to garner a minimum revenue of about Rs 11,000 crore this fiscal, a top official said. Replying to a query on expected timeline for the next round of spectrum auction,...
  • Recommendations for third round of spectrum auction soon, says TRAI August 26, 2013

    The recommendations for valuation and reserve price for the third round of spectrum auction would come "very shortly", regulator TRAI Chairman Rahul Khullar said on Monday. "The recommendations will come very shortly," said Khullar during an open house discussion on the matter here. Asked about the timeline, he said, "You can see...
  • Montek favours lower reserve price for spectrum April 11, 2013

    New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday said the benchmark price for spectrum auction is "unrealistic" and favoured lowering of reserve price as the previous two attempts to sell airwaves were "unsuccessful". "Spectrum is a national resource. We had two unsuccessful attempts to auction it. It's quite...
  • No extension of licences in three key zones: Vodafone March 23, 2013

    Mumbai: The government has rejected a request by a unit of Vodafone Group Plc's to extend its mobile phone licenses in three key service areas, the operator said, escalating a feud between carriers and the Centre in the world's secondbiggest mobile phone market. The telecommunications ministry has asked Vodafone India Ltd...
  • 'Spectrum auction ends; no bids for Mumbai, Maharashtra, UP East' March 11, 2013

    New Delhi: The government will get around Rs 3,639 crore from the 2G spectrum auction for CDMA services, which ended on Monday with Russian conglomerate Sistema's Indian unit SSTL being the only bidder. However, the government may not get any upfront payment as Rs 1,626 crore has to be adjusted against...
  • 2G spectrum auction: SSTL puts in bids worth Rs 3,639 cr till 2nd round March 11, 2013

    New Delhi: The government has received bids worth Rs 3,639 crore from lone bidder Sistema Shyam Teleservices (SSTL) till the second round of the 2G spectrum auction for CDMA services. Sources said bids were received for three blocks in each of eight circles, including Delhi. There was no bid for...
  • 2G spectrum auction: SSTL bids for 8 circles March 11, 2013

    New Delhi: Lone bidder Sistema Shyam Teleservices (SSTL) on Monday bid for eight circles in the 2G spectrum auction for CDMA services. The second round of auction is underway and it is expected that it will end by the third round, which could be the shortest online sale of radiowaves...
  • 'Uncertainty will be resolved, spectrum will be auctioned' March 1, 2013

    New Delhi: Finance Minister P Chidambaram on Thursday expressed confidence that the present uncertainty in the telecom sector will be resolved and spectrum will be auctioned. "For the present there is lot of uncertainty about auction but I am sure that this uncertainty will be resolved and spectrum will be...
  • Spectrum auction base price too high in India: Vodafone CEO February 27, 2013

    Barcelona: Vodafone, which has not applied for taking part in spectrum auction in March, on Tuesday said the reserve price set is too high and the company cannot afford to pay in India where there is uncertainty about airwaves and revenues are low. "The problem is that in India there...
  • Last date for spectrum auction application Feb 25 February 21, 2013

    New Delhi: The Department of Telecommunication (DoT) has extended last date of application for spectrum auction to February 25. In an announcement on Wednesday evening, DoT made amendments to its notice inviting application in which it announced new dates in the schedule for auction. In the previous schedule, last date for...
  • No 2G spectrum for unsuccessful bidders, says SC February 12, 2013

    New Delhi: Unsuccessful bidders and telecom companies which opted out of participating in the first round of fresh auction for 2G spectrum following cancellation of their licences by last year's order would not be allowed to continue their service, the Supreme Court said on February 11. The apex court asked the...
  • Second round of spectrum auction will begin in March January 7, 2013

    New Delhi: The second round of telecom spectrum auction is likely to be held on March 11 after the Cabinet decides on the reserve price, which may be reduced by up to 50 per cent, for CDMAband radiowaves. An Empowered Group of Ministers (EGoM) headed by Finance Minister P Chidambaram...
  • EGoM to meet again on Jan 7 regarding spectrum auction January 3, 2013

    New Delhi: An Empowered Group of Ministers on telecom on January 3 deliberated upon several issues regarding spectrum auction due this fiscal, but did not reach a final decision and would meet again on January 7. "EGoM deliberated on 1800/900 MHz spectrum but it could not discuss CDMA (800 MHz)....
  • EGoM likely to discuss spectrum auction details January 3, 2013

    New Delhi: The Empowered Group of Ministers on telecom is scheduled to meet on Thursday to discuss modalities about the spectrum sale due this fiscal. The EGoM, headed by Finance P Chidambaram, will discuss the auction plan prepared by the Department of Telecommunications (DoT) after Cabinet approved the sale of...
  • Govt sees Rs 20,000 cr from next spectrum auction December 15, 2012

    New Delhi: The value of telecom airwaves to be put on auction in this fiscal year ending March will be worth about Rs 20,000 crore at the current reserve price, telecoms department secretary R Chandrashekhar, said on Friday. Government is betting on the revenue from phone airwaves auctions and stake...
  • Cabinet to discuss telecom spectrum pricing issue today December 13, 2012

    New Delhi: The government is likely to discuss on Thursday recommendations made by the Empowered Group of Ministers (EGoM) on pricing of spectrum that was unsold in the recently concluded auction. The matter has been listed for discussion in the Cabinet meeting slated for Thursday evening, official sources said. ...
  • EGoM on telecom to meet on November 29 November 28, 2012

    New Delhi: The Empowered Group of Ministers on telecom, headed by Finance Minister P Chidambaram, will meet on November 29 in the backdrop of lukewarm response to recently concluded 2G spectrum auction. "Its (EGoM meeting) happening on Thursday," Telecom Minister Kapil Sibal told reporters on sidelines of meeting with stakeholders...
  • DoT to declare spectrum auction result within 2 days November 21, 2012

    New Delhi: The Department of Telecom (DoT) is likely to declare final results of the just concluded auction of 2G mobile phone spectrum in next couple of days. "Formal procedure is on. There is no issue. It (final auction result) will be done within a day or two," DoT sources...
  • The Last Word: Has the govt been casual in its handling of the 2G auction? November 19, 2012

    Union Telecom Minister Kapil Sibal speaks about the recent 2G spectrum auction and the CAG's loss figure. ...
  • 2G auction: SC flays govt for 'casual' effort November 19, 2012

    New Delhi: The Supreme Court on Monday flayed the government over what it called a "casual" attempt by it to auction the 2G spectrum. Chiding the government for not complying with its order and letting "lower ranking officials" file affidavits in the matter, the apex court refused to take on...
  • 2G auction: UPA the first govt to celebrate defeat, says BJP November 16, 2012

    New Delhi: In a scathing attack on the government on the 2G spectrum auction issue, the Bharatiya Janata Party (BJP) on Friday said low bidding has vindicated the stand of the Comptroller and Auditor General (CAG) that not going for auctions in 2008 had led to a huge loss. It...
  • The Last Word: Has 2G auction shown that CAG's estimate was wrong? November 16, 2012

    Has the recent allegedly flop 2G auction shown that the CAG's estimate for the presumptive loss in 2008 is mistaken? ...
  • Intend to have another 2G auction before March 2013: Sibal November 16, 2012

    New Delhi: After a dismal 2G spectrum auction, the government once again defended itself questioning the 2G scam loss figure quoted by CAG and also said that it intends to hold another auction before March 31, 2013. "The intent is to try and have another auction before 31st March. We...
  • BJP blames UPA govt for low bidding at 2G auction November 16, 2012

    New Delhi: With less than estimated collections in the 2G spectrum auctions, the BJP on Thursday defended the CAG's submission that there was a loss of Rs 1.76 lakh crore in the earlier allocations and said the UPA government's policies were responsible for the low bidding. "They (UPA government) first destroyed...