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Spectrum auction takes off from Rs 56,554 crore on 7th day

Spectrum auction on Monday entered the 43rd round of bidding on seventh day after starting off from Rs 56,554 crore in terms of value, ensuring minimum revenue of about Rs 16,750 crore in the current fiscal.

'Govt hopeful of achieving revenue target from spectrum sale'

"Hopefully, we will achieve the Rs 40,000 crore revenue target from auction," Farooqui told reporters here after meeting Economic Affairs Secretary Arvind Mayaram.

CDMA spectrum: Standoff continues as TRAI questions DoT again

"DoT in their last communication has given reference of section 25 but there was no clarity as to why they have referred to it. TRAI has asked them to clarify the reason for referring section 25," a source said.

Cabinet asks Telecom Min to decide fast on CDMA spectrum price

Union Cabinet is learnt to have asked the Telecom Ministry to decide on reserve price of CDMA spectrum expeditiously, which has been the bone of contention between the Department of Telecom and telecom regulator TRAI.

Govt estimates Rs 9,500 cr revenue from sale of CDMA spectrum

If the CDMA spectrum put up for auction is sold at the revised starting price, then estimated auction proceeds will be Rs 9,497.15 crore.

Govt cuts CDMA spectrum base price by 50% to attract bidders

With Thursday's reduction in price, existing CDMA players will have to pay one-time spectrum fee on the revised base price.