DoT panel suggests Rs 3,646 cr/Mhz price for CDMA band

A DoT panel has suggested a base price of Rs 3,646 crore per Mhz for the auction of CDMA spectrum, 17 percent higher than what the regulator Trai has recommended.

2nd spectrum sale could flop again; no GSM applicant

The second round of 2G spectrum sale is virtually set to be a flop show as there is no applicant for GSM band of radiowaves while Sistema Shyam is the only firm for CDMA band at close of deadline today for applying to take part in the auction.