Just In
- just now Google Pixel 9 Pro Live Images Leaked - Comes with Tensor G4, 16GB RAM
- 34 min ago itel S24 With 108MP AI Dual Camera India Launch Confirmed; Amazon Microsite Goes Live
- 1 hr ago Samsung Galaxy F15 5G New 8GB/128GB Variant Launched in India: Check Price, Specifications
- 1 hr ago Redmi Note 13 5G Series Begins the Shift from MIUI to Android 14-based HyperOS in India
Don't Miss
- News Odisha Boat Tragedy: Four Dead, Search Continues For Missing Passengers
- Movies Paarijatha Parvam Full Movie Leaked Online In HD For Free Download Hours After Its Theatrical Release
- Finance Daily Relative Strength Index RSI In A Bullish Mode of This Pharma Stock; Buy For TP Rs 635-685
- Lifestyle Parineeti Chopra Saree Looks: Check Amar Singh Chamkila Actor's Regal Fashion Statements
- Sports RCB Green Jersey Match: Record And Stats Ahead of KKR Meeting in IPL 2024
- Automobiles Mahindra XUV 3XO SUV – Everything We Know So Far
- Education Exam Pressure Does Not Exist; Studying Punctually is Crucial; Says Aditi, the PSEB 2024 Topper
- Travel Journey From Delhi To Ooty: Top Transport Options And Attractions
BSNL, MTNL not to Participate in Upcoming Spectrum Auction
State-run telecom firms BSNL and MTNL will not participate in the upcoming spectrum auction, from which the government targets to raise over Rs 1 lakh crore. The Chairmen and Managing Directors of the two PSU's, BSNL's Anupam Srivastava and MTNL's P K Purwar, told PTI that the telecom firms will not participate in the auction.
Srivastava said there is no need for additional spectrum at this point of time. The public sector firms had not participated in the previous auctions held in November 2012, March 2013 and February 2014.
Recommended: Valentine's Day On A Budget: Top 10 Exchange Offers on your Old Smartphones
The auction of 2G and 3G spectrum is scheduled to start from March 4 and bidders can submit their applications by February 16. The auction of airwaves in four bands - 800 MHz, 900 MHz, 1800 MHz and 2100 MHz - could garner Rs 82,395 crore at the base or minimum price, but sources said the government expects total proceeds to exceed Rs 1 lakh crore.
The quantum of spectrum to be put on auction is 103.75 MHz in 800 MHz band in all service areas, 177.8 MHz in 17 service areas in 900 MHz band and 99.2 MHz in 15 service areas in 1800 MHz band. For 2100 Mhz band, used for 3G services, 5 Mhz in 17 circles will be put up for auction.
The auction is crucial for private firms such as Bharti Airtel, Vodafone, Idea Cellular and Reliance Communications whose licences in many circles are coming up for renewal by the end of this year and they need to buy back airwaves. Government had garnered about Rs 62,162 crore from the last auction in February 2014. Proceeds from this year's auction are expected to help the government meet the fiscal deficit target of 4.1 per cent of GDP.
Source: PTI
Recommended: Top 15 Best Midrange Smartphones in India From Rs 10,000 to Rs 20,000
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999
-
2,500
-
3,599
-
8,893