अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
Home » IANS » DCC okays spectrum auction at reserve price in Mar-Apr

DCC okays spectrum auction at reserve price in Mar-Apr

Published on :

New Delhi, Dec 20 (IANS) About 8,300 MHz spectrum will be put to auction and the approximate reserve price is about Rs 522,850 cr for this sale of radio waves, government said on Friday.

The Digital Communications Commission (DCC) on Friday approved recommendations of TRAI for the upcoming auctions. Auction will be conducted in March-April next year.

Telecom Secretary Anshu Prakash said that not entire auction price is to be paid upfront this time, a change in usual practice .

Successful bidder will pay 10% and 20% upfront and remaining amount will have to be paid one month prior to the spectrum availability, he said.

Prakash said he expects good participation in the upcoming auction and is hopeful that 5G spectrum will be sold fully.



(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Latests Posts