May 20, 2024 11:09 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Helicopter carrying Iranian President Ebrahim Raisi involved in accid'nt: Reports | Arvind Kejriwal to march with AAP leaders to BJP HQs tomorrow with an 'arrest' dare | Adhir Chowdhury won't decide, he will be axed if he doesn't...': Congress chief Mallikarjun Kharge on alliance with Mamata Banerjee | Swati Maliwal assault case: Arvind Kejriwal's aide Bibhav Kumar arrested by Delhi Police | DK Shivakumar offered me Rs. 100 crore to defame Modi: Arrested BJP leader G Devaraje Gowda on Karnataka sex scandal
Next spectrum auction in Feb 2024 at same reserve prices
Photo Courtesy: Pixabay

Next spectrum auction in Feb 2024 at same reserve prices

| @indiablooms | 07 Dec 2023, 01:16 am

New Delhi: The next spectrum auction, scheduled for late February 2024, will maintain the same reserve prices for most bands as in the 2022 auction, Business Standard reported citing the Department of Telecommunications (DoT) officials.

The government anticipates a focus on low bands, particularly in the 600 megahertz (MHz) range, where many licenses are set to expire soon.

In September 2021, the government decided to conduct spectrum auctions annually, and efforts are underway to ensure the realization of this initiative.

Officials affirm that the reserve prices for low bands spanning from 600-2300 MHz, mid bands (3300 MHz), and high bands at 26 gigahertz (GHz) are expected to remain unchanged from the 2022 auction, aligning with the recommendations made earlier in the year by the Telecom Regulatory Authority of India (TRAI).

However, TRAI has yet to propose prices for newer bands like 37 GHz.

Projections indicate a reduced government revenue from the auctions, as major 5G operators Jio and Airtel have already secured the majority of the required airwaves.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.