SPECTRUM 3RD ROUND AUCTION-EGOM MEETS TODAY

The empowered group of ministers headed by finance minister P.Chidambaram is to meet on Wedneday to discuss the third round of spectrum auction.
The EGOM would take a decision on the number of telecom circles in which spectrum would be auctioned.
The Supreme Court had directed government to put entire spectrum for auction that was freed from cancellation of 122 2G licences.The government had put on
271.25 Mhz of spectrum in November 2012 even as 514.8 Mhz of spectrum was freed after the Supreme Court last year cancelled 122 licences.

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