Business Videos

Spectrum auction: Ministerial panel slashes base price

Dec 08 2012 00:00 IST
After the quite response to 2G spectrum auction due to the high reserve price, a ministerial panel on Friday agreed to cut the base price for airwaves in four circles, where there were no takers. The Empowered group of Ministers (EGoM) met in New Delhi and decided to sell 1800 (megahertz band) and 900 Mhz band in various parts of the country.