IN THE SPECTRUM AUCTION SLATED TO BE STARTED ON 3RD FEBRUARY,2014,8 TELECOM FIRMS HAVE
SUBMITTED APPLICATIONS FOR PARTICIPATION IN THE BIDDING.THESE COMPANIES VIZ VODAFONE INDIA,
BHARTI AIRTEL,IDEA CELLULAR,AIRCEL,TATA TELESERVICES,RELIANCE COMMUNICATIONS,RELIANCE JIO
INFOCOMM AND TELEWING COMMUNICATIONS HAVE ALSO SUBMITTED THE BIDDER OWNERSHIP CERTIFICATE
TO DOT ON YESTERDAY,23RD JANUARY,2014.THE DOT WILL NOW ASSESS THE PRE-QUALIFICATION OF BIDDERS
0N 25TH JANUARY,WHICH WILL BE FOLLOWED BY THE AUCTION ON 3RD FEBRUARY.
THE GOVERNMENT IS EXPECTING TO GARNER ABOUT RS.40000 CRORE FROM THE AUCTION OF 403 MHz OF 2G
SPECTRUM IN THE 1800 MHz BAND AND 45 MHz OF SPECTRUM IN THE 900 MHz BAND.
EARLIER THE TRAI HAD PROPOSED A DRASTIC REDUCTION OF ABOUT 60 PER CENT IN THE BASE PRICE OF SPECTRUM
AND THE CABINET APPROVED THE SAME WITH MINOR MODIFICATIONS MADE BY THE DOT.ACCORDINGLY,THE BASE PRICES
FIXED FOR THE PRESENT BIDDING IS RS.1765 CRORE PER MHz FOR 1800 MHz SPECTRUM AND FOR 900 MHz SPECTRUM,
RS.360 CRORE PER MHz FOR DELHI,RS.328 CRORE FOR MUMBAI AND RS.125 CRORE FOR KOLKATA.