Inter-ministerial panel starts discussion on spectrum auction

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:11 AM IST

An inter-ministerial committee (IMC) constituted by the Department of Telecommunications (DoT) to supervise spectrum auction has started discussions to chart out roadmap for the process.

The committee has been formed by Telecom Minister Kapil Sibal on the same lines as was done in the case of the 3G spectrum auction in 2008.

The 3G auction committee was headed by then Member (Technology) Chandra Prakash but the new 11-member IMC is being chaired by Member (Finance) of Telecom Commission.

The IMC will have to work for selection of the agency to conduct e-auction of spectrum, according to official sources.

The IMC will have to finalise all the documents related to the spectrum auction that will include guidelines for the auction, information memorandum, notice iniviting applications among others.

"Though the committe has been formed in context of auction for 2G spectrum that are to be released by 122 2G licenses that were quashed by Supreme Court on February 2, it may have to oversee entire spectrum auction process" a DoT source said.

DoT is also working on process to conduct auction of 700 Mhz spectrum band for 4G services and 150 Mhz spectrum to be vacated by Defence.

The committe has representation from Department of Commerce, Department of Industrial Policy and Promotion, Department of Economic Affairs, Planning Commission with DoT.

The last meeting of IMC was held on March 16, however, content of the meeting could not be ascertained.

*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 20 2012 | 9:38 PM IST

Next Story