The Department of Telecom has fixed February 25 as the next date for the spectrum auction of 2G and 3G networks.
The auction will be held for frequencies in four bands of 800 megahertz, 900 megahertz, 1800 megahertz and 2100 megahertz, said a department notification.
The department said the auction will be held online and the validity of the spectrum will be for 20 years.
The government is hoping to earn about 65000 crore rupees through this auction.
The Union Cabinet had approved the largest ever telecom spectrum auction on Monday. The last date for submission of applications is February 6.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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