Just In
- 32 min ago Qualcomm Reveals Snapdragon X Plus Chip for Laptops: 10 Core CPU, On-Device AI, & Much More
- 46 min ago Flipkart Teases “Jaw-Dropping” Discount on iPhone 15: All-Time Low Price Anticipated
- 55 min ago President Joe Biden Signs Bill to Ban TikTok in the US: Unless This One Condition is Met
- 2 hrs ago Qubo InstaView Video Door Phone Launched in India: Check Price, Features
Don't Miss
- News Railways To Run Special Trains For Elections In Karnataka
- Movies Heeramandi Screening: Salman Khan's Presence Hinting At Sanjay Leela Bhansali's Inshallah Being Revived?
- Automobiles Bajaj To Offer Chetak Electric Scooter At Lower Price Point: All Details Here
- Sports Bangladesh vs Zimbabawe: Will Shakib Al Hasan Play Home T20 Series In May Or Not?
- Education Kerala SSLC Results 2024: Number of Ways you can check the Results
- Finance Gold Prices Ayodhya: In Ram-Janma-Bhumi, 24carat Falls By Rs 380 In 10-Grams, Drops By Rs 3,800 In 100-gram
- Lifestyle Heeramandi Screening: Alia Bhatt, Ananya Panday, Rashmika Mandanna And Others Serve Finest Ethnic Style!
- Travel Escape to Kalimpong, Gangtok, and Darjeeling with IRCTC's Tour Package; Check Itinerary
Spectrum Auction begins; Govt Eyeing over Rs 80K-cr Revenue
The much awaited spectrum auction, wherein 8 companies are bidding to acquire airwaves in four bands, started today. The auction is the biggest ever sale of 2G and 3G airwaves which may fetch the government over Rs 82,000 crore. A total of 380.75 MHz of spectrum in three bands - the premium 900 MHz band, 1,800 MHz and 800 MHz -- is put on sale besides 5 MHz in the 2,100 MHz band across 17 out of 22 telecom areas in the country.
Based on the reserve price, the government is estimated to garner over Rs 82,000 crore. Most of the spectrum put up for auction is presently held by Airtel, Vodafone, Idea Cellular and Reliance Telecom. Their licences are expiring in 2015-16.
Recommended: Top 15 Smartphone Launches which took place at MWC 2015
Mobile licences for Idea Cellular's 9 circles, 6 circles of Airtel and 7 circles each of Vodafone and Reliance Telecom are coming up for renewal. Overall, there are 29 licences in 18 service areas which will expire in 2015-16. These licences hold 184 MHz spectrum in the 900 MHz band and 34.2 MHz in 1,800 MHz band.
It is mandatory for these companies to bid for spectrum if they have to continue offering mobile and other telecom services as their permit is expiring. The government had raked in Rs 62,162 crore from the last spectrum auction held in February 2014.
Source: PTI
Recommended: Apple iPhone 6 Gets a Huge Price Cut: Top 10 Deals to Buy At Rs 46,999
-
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
-
11,999
-
16,026
-
14,248
-
14,466
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804