Telecom Spectrum Auctions Approved at Rs 96,317.65 Crore
India's Union Cabinet approves telecom spectrum auctions for mobile phone services in 8 bands, with a base price of Rs 96,317.65 crore. Spectrum held by companies undergoing insolvency will also be auctioned.
New Delhi, Feb 8 (PTI) The Union Cabinet on Thursday approved auctions in eight spectrum bands for mobile phone services at a base price of Rs 96,317.65 crore.
Spectrum, held by certain companies undergoing insolvency process, that are expiring this year, will also be put on auction.
"All the available spectrum in 800, 900, 1800, 2100, 2300, 2500, 3300 MHz and 26 GHz bands will be put on auction.
"As recommended by TRAI, the reserve prices for various bands have been revised using suitable indexation," an official statement said.
The reserve price will be Rs 96,317.65 crore.
Spectrum, held by certain companies undergoing insolvency process, that are expiring this year, will also be put on auction.
"All the available spectrum in 800, 900, 1800, 2100, 2300, 2500, 3300 MHz and 26 GHz bands will be put on auction.
"As recommended by TRAI, the reserve prices for various bands have been revised using suitable indexation," an official statement said.
The reserve price will be Rs 96,317.65 crore.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 11.25 (+ 4.85)
- 124593459
- Mangalam-Industrial
- 0.90 (+ 4.65)
- 43018654
- Welcure-Drugs-and
- 0.50 (+ 4.17)
- 39983710
- Alstone-Textiles
- 0.29 ( -3.33)
- 27516634
- Murae-Organisor
- 0.27 (+ 3.85)
- 26520405
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback