DoT Shortlists 3 New Firms For Telecom Spectrum Auction

By Vivek
|

The Department of Telecom (DoT) on Thursday shortlisted three new technology firms for conducting spectrum auction, which is likely to be held in February.

Recommended: Top 10 Smartphones with Best 4G Connectivity Support to Buy in India

DoT will open technical bids today (Nov 21), while the final selection of the auctioneer is scheduled for November 28.

DoT Shortlists 3 New Firms For Telecom Spectrum Auction

The list issued by DoT features three companies - Kolkata based mjunction services, a consortium led by Karnataka State Electronics Development Corporation and C1 India.

The auctioneer will be selected for 3 years and the contract can be further extended for a period of one year.

E-Procurement, the Gujarat-based IT firm which operated last three spectrum auctions held in November 2012, March 2013 and February 2014, did not feature in the list.

The IT company had participated earlier with Times Internet as the lead partner.

Recommended: BlackBerry Passport Now Available with 4G Support, 3GB RAM: Top 7 Online Deals to Buy in India

Noida-based technology firm C1 India has been awarded to conduct the proposed radiowave auction for 839 FM radio channels to be held in the current 2014-15 financial year.

The DoT is selecting auctioneer to operate auction of spectrum across various bands - 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz bands.

The department will pay the auctioneer a percentage of difference between the reserve price of spectrum and final the price derived through the process as quoted by the auctioneer in its bid.

PTI

Most Read Articles
Best Mobiles in India

Read More About: telecom news trai DoT internet

Stay updated with latest technology news & gadget reviews - Gizbot

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Yes No
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more