Bidding for spectrum worth Rs 3.92 trillion to start from March 1

Bidding for the sixth spherical of spectrum auction for radiowaves value Rs three.ninety two trillion will begin from March one, according to a see issued by the authorities on Wednesday.

The Union Cupboard had authorised a proposal for the auction of two,251.25 Megahertz (MHz) of spectrum value Rs three.ninety two trillion at the base value on December seventeen, 2020.

The Department of Telecom (DoT) has set January 12 for the pre-bid conference and past date for searching for clarification to the see on January 28.

Telecom operators will require to submit their application by February five for participation in the auction.

The remaining record of the bidders will be declared on February 24 and bids for spectrum in frequency bands of seven-hundred MHz, 800Mhz, 900 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz is scheduled to begin from March one, according to the see.

(Only the headline and photograph of this report may have been reworked by the Enterprise Normal employees the relaxation of the articles is vehicle-produced from a syndicated feed.)

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