DoT to finalise auctioneer agency for conducting e-auction of spectrum on May 22

New Delhi: The Department of Telecom (DoT) is all set to the spectrum public sale. The division has chosen Four bidders for monetary bidding after they certified for technical bids. A remaining resolution relating to that is probably by May 22.

The DoT has chosen Four bidders on auctioneer– agency that can develop and handle software program for the public sale.

Trai had in August 2018 really helpful public sale of about 8,644 MHz of spectrum throughout bands at an estimated complete base value of Rs 4.9 lakh crore. However the trade discovered that the proposed costs had been unaffordable and exorbitant.

In the 5G band within the 3300-3600 MHz (5G), costs had been given for the primary time at Rs 492 crore per MHz, for a pan-India minimal block of 20 MHz. For this operators would have to shell out Rs 9,840 crore, which is seen as steep, which telcos discovered uncompetitive.

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