Airtel made successful bids worth Rs 29,130.2 crore in 23 circles
Telecom Ministry will this week place before the Cabinet for approval the 3G spectrum base price for the auction planned in February.
Cabinet okays spectrum auction reserve price, eyes Rs 16,000 cr in FY15
DoT's pro-auction stand came today despite the Supreme Court saying last week that 900 mhz was not part of its earlier judgement.
<br /><br /> The telcos are also curious about whether DoT will announced guidelines for Unified Licenses before the auctions.
Any telecom company buying another will have to pay a market-determined price for the spectrum owned by the latter.
The incumbent telecom operators claim they will lose Rs 60,000-70,000 crore if their 900 Mhz spectrum is taken away and they have to rebid
On Wednesday, the Telecom Commission will consider three options for refarming 900 Mhz spectrum.