The Digital Communications Commission, the apex decision-making body at the telecom department, on Friday approved a Rs 5.22 lakh crore spectrum auction plan entailing 8300 MHz of airwaves across 22 circles and the sale is likely to take place in March-April
Tata Teleservices to surrender spectrum allocated to firm without auction before merger approval with Bharti Airtel
Debt-ridden loss-making firm Tata Teleservices and Bharti Airtel announced their merger in October 2017.
Reliance Communications reinstates bank guarantees worth Rs 774 cr with DoT; says asset sale on track
RCom had recently got a breather from the telecom tribunal, TDSAT, on the licence and spectrum cancellation show-cause notice served by the DoT.
Trai's recommendations on reduced rates for 700 Mhz band took into account the price of the spectrum that was recently auctioned in markets like Singapore, Germany, Denmark, Turkey, and Taiwan.
The regulator has recommended base price of Rs 3,285 crore per megahertz for 1800 Mhz band on pan India basis
In its consultation paper issued today, TRAI has asked as to when the next round of auction should be held and whether it should be held in a phased manner.
During the last auction, the government and TRAI had put airwaves worth Rs. 5.66 lakh crores for sale.
State Bank of India (SBI) Chairman pointed out that stress in the telecom sector has reached "highly unsustainable levels" due to erosion of topline and earnings of the service providers.
Trai will start the consultation process for the next round of spectrum auction in about a fortnight.
COAI emphasised that the next round of sale of airwaves should ideally be scheduled in 2018.
Regulator Trai today said it will be "happy" to give its recommendations to the government on spectrum auctions, including timing and pricing aspects, as and when the matter is referred to it.
Though the latest round of spectrum auction by the Indian government did not attract the fancy of the operators much, it will benefit customers by providing better service, feel industry experts.
Trying to brush aside criticism about the just-concluded telecom spectrum auction, Communications Minister Manoj Sinha said on Friday the bidding process was not a failure.
Mukesh Ambani-led Reliance Jio has made a commitment of Rs13,672 crore for 269.2 MHz of airwaves in the spectrum auction that ended on Thursday.
Telecom auction raises Rs 65,789 crore in 5 days, ends in virtual failure after raising 11% of target
India's telecom spectrum auction ended in a virtual failure, closing within five days and raising only Rs 65,789 crore, about 11.6 per cent of the expected Rs 5.66 lakh crore.
Congratulating the government for the latest spectrum auction that ended on Thursday, the Cellular Operators' Association of India (COAI) said the lack of enthusiasm on the operators' part was majorly due to its unrealistic pricing.
The auction, which was billed as the country's largest sale of airwaves to date in terms of quantity, lasted only for five days.
The government received cumulative commitments of Rs 63,500 crore from telecom operators at the end of bidding on Wednesday -- Day 4 of India's biggest spectrum auction.
The much-hyped spectrum auction crawled on the third day yesterday and received total commitments of Rs 60,969 crore
The government received cumulative commitments of Rs 60,969 crore from telecom operators at the end of bidding on Day 3 of India's biggest spectrum auction on Tuesday.