Spectrum auction likely in May-June: Telecom Secretary

According to an official source, the government will be able to meet the Budget target even without the auction

ATC buys 51% in Viom
Press Trust of India New Delhi
Last Updated : Jan 22 2016 | 1:54 PM IST
Government is likely to conduct next round of spectrum auction around May-June period this year, a top official said today.

"We will put all available spectrum for auction in which ecosystem is available that industry is demanding. The auctions will be held sometime in May-June," Telecom Secretary Rakesh Garg said at FICCI-WBA Vision Forum.

Telecom Regulatory Authority of India has put out a consultation paper on a reference made by the government to suggest the base or floor price for all available airwaves for mobile services.

Also Read

The government had pegged revenue from communication services for the current fiscal at Rs 42,865 crore, which include upfront realisation from spectrum sale and licence fee.

According to an official source, the government will be able to meet the Budget target even without the auction.
*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: Jan 22 2016 | 11:57 AM IST

Next Story