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Telecom stocks gain up to 2% after auction

Last Updated: Friday, February 14, 2014, 18:10

Telecom stocks Friday settled with as much as 2 percent gain after the government raised over Rs 61,162 crore from auction of wireless spectrum.

Telcos submit ownership certificate for spectrum auction

Last Updated: Thursday, January 23, 2014, 21:43

All the eight telecom companies that have applied for bidding in spectrum auction on Thursday submitted their ownership certification to the Department of Telecom.

Telecom EGoM to discuss M&A rules, auctions on Nov 22

Last Updated: Tuesday, November 12, 2013, 18:43

"EGoM is scheduled to meet on November 22. Besides auction related matters, the Department of Telecom will place before them the M&A guidelines as recommended by the Telecom Commission," a Telecom Ministry official said.

TC meet deferred, FinMin wants all spectrum rates

Last Updated: Tuesday, October 29, 2013, 16:13

An important meeting of inter ministerial panel Telecom Commission, which was to discuss key issues today including spectrum price for the next round of auction and mergers and acquisition guidelines, has been cancelled.

DoT announces third round of 2G GSM auction

Last Updated: Thursday, February 21, 2013, 13:31

Government will hold the third round of 2G GSM spectrum auction for the airwaves that were freed following cancellation of telecom licences by Supreme Court in February last year and were not put for auction.

DoT to conduct third round of 2G GSM spectrum auction soon

Last Updated: Monday, February 18, 2013, 21:06

The government will conduct the third round of 2G GSM spectrum auction immediately after the bidding for radiowaves ends in March in compliance with last week's Supreme Court order.

Govt banks on auction, customer-centric moves for telecom

Last Updated: Monday, December 31, 2012, 16:32

The radiowaves not picked up at the auction are now being planned for sale in the second round this fiscal after the lowering of the base price with the hope of attracting bidders.

2G spectrum auction flops; gets a meagre Rs 9,407 crore

Last Updated: Wednesday, November 14, 2012, 19:19

Telecom Minister Kapil Sibal told reporters at the end of the bidding, which was a far cry from the 35-day bidding for the 3G spectrum in 2010 that got Rs 67,719 crore.

Muted response to spectrum auction due to high price: COAI

Last Updated: Monday, November 12, 2012, 19:39

"The limited amount of spectrum, contrary in our opinion to the Supreme Court ruling, was guaranteed to have a very detrimental impact on the auction.

2G auction: Govt receives bids over Rs 9,200 cr on Day 1

Last Updated: Monday, November 12, 2012, 18:19

Of the 22 telecom circles, which cover the entire nation, bids were received for 18, with Delhi, Mumbai, Rajasthan and Karnataka which had the highest base price drawing a blank.

EGoM recommends one-time fee for telecos

Last Updated: Monday, October 08, 2012, 09:04

A high-powered ministerial panel headed by Finance Minister P Chidambaram Monday "tentatively resolved" all issues concerning a proposal to levy one-time fee on existing telecom operators, Communications Minister Kapil Sibal said.

Govt to move Supreme Court for extension of auction deadline

Last Updated: Tuesday, August 07, 2012, 13:15

The Empowered Group of Ministers on telecom on Tuesday decided to approach the Supreme Court to seek the extension of August 31 deadline to complete auction of 2G airwaves.