Next mobile airwave auction likely in January: govt

Govt expects to get Rs 11,000 crore of revenue from the auction

Government expects to conduct its next mobile phone airwave auction in January, Telecommunications Secretary M F Farooqui said on Tuesday, adding the government has estimated Rs 11,000 crore of revenue from the auction.

The telecommunications regulator earlier this month recommended a sharp cut in the auction reserve prices. The reserve prices are yet to be finalised by the government.