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'Auction of unsold spectrum to begin in March 2013'

Jan 07 2013 00:00 IST
Union Telecom Minister, Kapil Sibal today said that the auction for unsold spectrum bands would begin in March, 2013 at a reduced price of 30 percent. The Empowered Group of Ministers (EGoM) on telecom also discussed spectrum sale in 800 MHz band which is used for offering CDMA services. Earlier in November 2012, the central government had auctioned the 2G spectrum with a hope to meet the Rs 40,000 crore revenue budget.