Spectrum auction to start from May 20 at base price of Rs 96,317.65 crore

Spectrum auction

New Delhi: The upcoming spectrum auction will start from May 20, according to the notice inviting applications released by the Department of Telecom Friday.

The government will auction eight spectrum bands for mobile phone services at a base price of Rs 96,317.65 crore.

Spectrum which is held by certain companies undergoing insolvency processes as well as frequencies expiring this year will also be put on auction.

Exit mobile version