Bharti Airtel, Vodafone, Reliance Jio Infocomm, 5 others apply for spectrum auction

Jan 15 2014, 21:22 IST
Comments 0
Eight telecom operators applied for spectrum auction slated for February 3, raising hopes that the govt would garner more than Rs 11,343 cr from it. Reuters Eight telecom operators applied for spectrum auction slated for February 3, raising hopes that the govt would garner more than Rs 11,343 cr from it. Reuters
SummaryBharti Airtel, Vodafone, Reliance Jio Infocomm raise hopes govt would garner more than Rs 11,343 cr.

determined price. If have filed application before TDSAT which will be heard."

State-owned BSNL and MTNL have also not applied for the bidding.

Meanwhile, RJIL - which holds only broadband wireless access (BWA) spectrum - has applied for GSM radiowaves in both the bands 900/1800 Mhz bands. The 900 Mhz band is crucial for Vodafone and Airtel for continuing operations.

Vodafone's three permits in Delhi, Mumbai and Kolkata; Airtel's in Delhi and Kolkata, and Loop Mobile's one in Mumbai are due to expire this November.

DoT has put 16 blocks of 900 Mhz spectrum for auction each in Delhi and Mumbai and 14 blocks in Kolkata. Companies participating in auction for 900 Mhz band will have to bid minimum of 5 Mhz in this band.

In case of 1800 Mhz band, a new company will have to bid a minimum of 5 Mhz of spectrum and existing will have to bid three blocks of airwaves.

The applications come amidst uncertainty on a number of issues such as spectrum usage charge, merger and acquisition guidelines, spectrum sharing and its trading.

Farooqui said that all the issues will be resolved before the auction.

Single Page Format
Ads by Google

More from Economy

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...