DoT plans to start 2G spectrum auction from Dec 20

Image
Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 2:31 AM IST

The Department of Telecommunications plans to start auction of 2G spectrum by December 20 and allocate spectrum to players in March next year.

"We will need time at least till December 20 to start auction of spectrum. There are various processes before it and will have to stick to strict deadline to meet this date," a senior Telecom Ministry official told PTI.

The official added that to start the process, DoT will have to first get recommendation from Telecom Regulatory Authority of India (Trai) and it should be in place by May 17.

"We arrived at December 20 deadline after making strict timeline for all process required before auction. This target can be acheived if we get recommendations from Trai by May 17. Then DoT will have to review it and approval from Empowered Group of Minister will be required," the official said.

He said that after receiving Trai recommendation government will have one month time to take decision on the auction as per Supreme Court verdict.

After the decision by the central government, DoT will need aorund two week time to issue guidelines on the auction and make changes in it, if required, the official said.

"If all these deadlines are met we will start shortlisting auctioneer by end of June. Based on our calculations, we should be able to come up with 'Notice Inviting Application' by third week of September. Then after, a month will be required to finalise it. This should be done by third week of October," the official said.

He said that DoT estimates that auction will end over period of 40 days against 63 days that it took during auction of 3G spectrum.

"We should be able to assign spectrum to winners of bid with one month of receipt of payment from them. As per our calcuations, it should March 8 only if deadlines are met and everything proceeds as per our assumptions," official added.

On the other hand, Trai has issued consultation paper for auction of spectrum that has invited views of public interested in the process. The Regulator has kept deadline of March 21 for written comments and March 28 for counter- comments on this consultation paper.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 12 2012 | 7:47 PM IST

Next Story