Base prices for spec­trum auc­tion low­ered

India Business Journal - - NEWS ROUND-UP -

The Tele­com Reg­u­la­tory Author­ity of In­dia (TRAI) has rec­om­mended lower re­serve price for spec­trum that had re­mained un­sold in the 2016 auc­tion. For in­stance, the re­serve price of the 700 mhz band has been kept at Rs 6,568 crore per mhz. It was Rs 11,485 crore in the Oc­to­ber 2016 auc­tion. The high price of the band had kept op­er­a­tors away, and the air­waves went un­sold. The base price of 1,800 mhz band is kept at Rs 3,285 crore per mhz on a pan-In­dia ba­sis. If all spec­trum bands are auc­tioned at their re­spec­tive re­serve prices, the gov­ern­ment could earn around Rs 5.06 lakh crore.

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