Bidding for spectrum auction to start from 1 March


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New Delhi: Bidding for the sixth round of spectrum auction for radiowaves worth Rs 3.92 lakh crore will start from 1 March, according to a notice issued by the government on Wednesday.

The Union Cabinet had approved a proposal for the auction of 2,251.25 Megahertz (MHz) of spectrum worth Rs 3.92 lakh crore at the base price on 17 December, 2020.

The Department of Telecom (DoT) has fixed 12 January for the pre-bid conference and last date for seeking clarification to the notice on 28 January.

Telecom operators will need to submit their application by 5 February for participation in the auction.

The final list of the bidders will be declared on 24 February and bids for spectrum in frequency bands of 700 MHz, 800Mhz, 900 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz is scheduled to start from 1 March, according to the notice.

 


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