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May release paper on spectrum auction this week: Trai Chairman R S Sharma

Earlier this year, DoT sought Trai's views on spectrum price for various frequencies

Press Trust of India  |  New Delhi 

May release paper on spectrum auction this week: Trai Chairman R S Sharma

The Telecom Regulatory Authority of India (Trai) is likely to release a discussion paper on auction this week, chairman said on Monday.

The consultation paper of auction and pricing is "ready" and the telecom regulator hopes to release it this week, Sharma told reporters on the sidelines of ITU-Asia-Pacific Regulators Roundtable.

Earlier this year, the Department of Telecom (DoT) sought Trai's views on price for various frequencies, including premium airwaves in the 700 MHz band that remained unsold in the last auctions in October 2016.

During the last auction, the government had put airwaves worth Rs 5.66 lakh crore for sale. In the five-day auction, seven telecom companies made commitments of Rs 65,789 crore for buying 964.80 MHz of in various frequency bands.

Even at the end of the auction, nearly 60 per cent of the remained unsold (in all 2,354.55 MHz was placed the block) and worth Rs 4 lakh crore in 700 Mhz band found no takers.

The telecom industry has been citing its poor financial health, and falling revenue and profitability to reason that the auctions should be held late next year or early 2019.

First Published: Mon, August 21 2017. 16:17 IST