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On February 8, the Union Cabinet approved the auction of 10,523.15 megahertz (MHz) of spectrum across bands at a reserve price of Rs 96,317.65 crore. All unsold spectrums from the last sale will be up for bidding again. Airwaves in the 800, 900, 1800, 2100, 2300, 2500, 3300 MHz and 26 GHz bands, covering a large chunk of voice and data spectrum, are up for sale.
While the live e-auction of airwaves across major spectrum bands will be held 73 days from now, a long timeline of steps leading up to it has been released by the DoT. This includes the pre-qualification of bidders on May 6, the inauguration of the final list of bidders on May 9, and a mock auction on May 13 and 14, the DoT notice said.
Spectrum auctions for eight bands to start on 20 May 2024, says DoT
While the live e-auction of airwaves across major spectrum bands will be held 73 days from now, a long timeline of steps leading up to it has been released by the DoT. This includes the pre-qualification of bidders on May 6, the inauguration of the final list of bidders on May 9, and a mock auction on May 13 and 14, the DoT notice said.
Spectrum auctions for eight bands to start on 20 May 2024, says DoT