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Cabinet approves spectrum base price; to fetch Rs 48,000 cr

Last Updated: Monday, December 09, 2013, 20:58

The Cabinet Monday fixed the minimum price for selling telecom spectrum at up to about half the rate set at the previous auction to net at least Rs 48,000 crore in revenue from the sale planned in January.

EGoM to discuss spectrum auction, M&A policy Friday

Last Updated: Thursday, November 21, 2013, 22:43

The Empowered Group of Ministers on telecom, headed by Finance Minister P Chidambaram, is likely to discuss on Friday the details of the third round of spectrum auction as well as M&A guidelines for the sector.

Telecom Commission recommends higher base price for spectrum auction

Last Updated: Wednesday, November 06, 2013, 18:55

Telecom Commission, Wednesday recommended raising reserve price for auction of pan-India mobile phone spectrum by 15 percent over the one suggested by TRAI, and 25 percent higher in case of key circles like Delhi and Mumbai.

TRAI stands by its proposal for cut in auction reserve price

Last Updated: Wednesday, October 23, 2013, 17:53

Telecom regulator TRAI Wednesday reiterated its recommendations for a sharp 60 percent cut in the reserve or base price for sale of mobile phone spectrum in an upcoming auction.

Spectrum auction should happen quickly as govt need rev: Sibal

Last Updated: Wednesday, September 11, 2013, 21:22

The Minister, however, refused to share a timeline for the upcoming auction.

Next spectrum auction may fetch Rs 31,500 cr at reserve price

Last Updated: Tuesday, September 10, 2013, 20:51

However, it may get only Rs 15,000 crore of the total amount in this fiscal if the previous rule of part payment option continues, says telecom consulting firm Telanalysis.

Cabinet okays 30% cut in spectrum reserve price for 4 circles

Last Updated: Thursday, December 13, 2012, 20:48

The Cabinet Thursday approved a 30 percent cut in the reserve price for sale of mobile phone spectrum in four zones that went unsold in the recent damp-squib auction.

Floor price for spectrum auction fixed at Rs 14,000 crore

Last Updated: Friday, August 03, 2012, 19:30

The auction is crucial for companies like Uninor and Sistema Shyam Teleservices, who have time till September 7 to offer their services after which they will be forced to close down their operations in case they fail to get a licence.

Mulayam writes against reduction of spectrum price to PM

Last Updated: Thursday, June 28, 2012, 20:54

Samajwadi Party chief Mulayam Singh Yadav has written to Prime Minister Manmohan Singh saying the government should not give into demands of certain telecom companies which want the minimum price set for spectrum auction reduced.

EGoM to meet on June 5 for fixing spectrum base price

Last Updated: Monday, May 28, 2012, 21:17

An Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, will meet on June 5 to decide on the base price for the much-awaited auction of telecom spectrum.

2G: Auction price 10 times more than '08 rate

Last Updated: Monday, April 23, 2012, 18:23

Telecom regulator TRAI Monday set Rs 3,622.18 crore as base or minimum price for pan-India spectrum in the auction of radio waves which is to be held following the Supreme Court cancelling 122 licenses.