Telecom department defers spectrum auction to Feb 3

The government expects to mop up Rs.4,000 crore from these auctions

IANS New Delhi
Last Updated : Dec 30 2013 | 2:49 PM IST

The Department of Telecommunications (DoT) has extended the dates of auction of spectrum in 1,800 megahertz (MHz) and 900 MHz bands. The auction will now start on Feb 3, next year, instead of Jan 23, it was announced Monday.

Total spectrum put to auction is 46 MHz in 900 MHz band and 403.2 MHz in 1,800 MHz band, an official release here said.

The DoT had issued a notice inviting applications (NIA) on Dec 12 in which it was mentioned that any changes in the auction timelines will be communicated through the DoT website and the participants have been requested to monitor the DoT website actively.

The revised dates are as follows: clarifications to NIA Jan 2; last date for submission of applications Jan 15; publication of ownership details of applicants Jan 20; bidder ownership compliance certificate Jan 23; pre-qualification of bidders Jan 25; last date of withdrawal of applications Jan 27; final list of bidders Jan 29; mock auction Jan 30 and 31; and start of the auction Feb 3.

The government expects to mop up Rs.4,000 crore from these auctions.

*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: Dec 30 2013 | 2:32 PM IST

Next Story