Government begins auction of Spectrum for Telecom Services today at 10:00 AM
Government begins auction of Spectrum for Telecom Services today at 10:00 AM
To augment existing telecom services and maintain continuity of services, the government will hold the spectrum auction on Tuesday, 25 June 2024. This is in line with government’s commitment to facilitate affordable, state-of-art high quality telecom services to all the citizens.
The Department of Telecommunications (DoT) has initiated the Spectrum Auction and Notice Inviting Applications (NIA) was issued on 08 March, 2024. The Ministry of Communications announced that the following spectrum bands will go up for bidding in the upcoming auction – 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz and 26 GHz.
Total quantum of spectrum being auctioned is 10,522.35 MHz in various bands valuing Rs 96,238.45 Crores at reserve prices.
Band
Total Spectrum put to Auction (In MHz)
No of LSAs where Spectrum is sold
Value of Spectrum at Reserve Price (In Crs)
800 MHz
118.75
19
21341.25
900 MHz
117.2
22
15619.6
1800 MHz
221.4
22
21752.4
2100 MHz
125
15
11810
2300 MHz
60
6
4430
2500 MHz
70
5
2300
3300 MHz
1110
22
16251.2
26 GHz
8700
21
2734
Total
10,522.35
96,238.45
Mock Auctions were conducted on 03th June 2024, 13th June 2024 and 14th June 2024 to familiarize the bidders with e-Auction platform. Subsequently, Auction Catalogue was published on 24th June 2024 at 09:00 AM to ensure there is no inaccuracy in the data of bidders. Live Auction will start at 10:00 AM on 25th June 2024.
Further details of Spectrum Auction including, inter-alia, reserve price, pre-qualification conditions, Earnest Money Deposit (EMD), Auction Rules etc. and other terms & conditions on the above are specified in NIA which can be accessed on DoT website: https://dot.gov.in/spectrum.