IT IS REPORTED IN THE PRESS THAT THE TELECOM COMMISSION,THE HIGHEST DECISION MAKING BODY OF THE DEPARTMENT OF TELECOMMUNICATIONS HAS RECOMMENDED FOR RAISING THE RESERVE PRICE FOR THE AUCTION OF SPECTRUM FROM THE PRICE MOOTED BY THE TELECOM REGULATORY AUTHORITY OF INDIA.
THE DECISION IN THIS REGARD WAS TAKEN ON 6TH NOVEMBER,2013,RECOMMENDING HIGHER PRICE OF 15% FOR PAN-INDIA MOBILE PHONE SPECTRUM AND 25 PER CENT FOR KEY CIRCLES LIKE DELHI AND MUMBAI.
TRAI HAD SLASHED THE BASE PRICE WHICH WOULD ONLY BENEFIT THE PRIVATE TELECOS CONSEQUENT ON A VIRTUAL OF BOYCOTT BY THE PRIVATE TELECOM COMPANIES IN THE AUCTION CONDUCTED ON LAST TWO OCCASIONS.
HOWEVER THE HIGHER RATES NOW RECOMMENDED BY THE TELECOM COMMISSION ARE STILL LOWER THAN THE RESERVE PRICES FIXED FOR PREVIOS AUCTION.THE HIGHER PRICES ARE BASED ON THE RECOMMENDATIONS OF THE INTER-MINISTERIAL PANEL TO THE EMPOWERED GROUP OF MINISTERS.
SHRI.M.F.FAROOQUI,CHAIRMQN,TELECOM COMMISSION HAS STATED THAT THE COMMISSION HAS TAKEN DECISION ON THE SPECTRUM PRICING FOR 1800 MHz AND 900 MHz AND ALSO FOR MERGER AND ACQUISITIONS.
THE DOT IS LIKELY TO CONDUCT THE THIRD ROUND OF AUCTION BY JANUARY,2014 AND EXPECTS TO GARNER ABOUT RS.11000 CRORE THIS FISCAL.