HindustanTimes Sat,20 Sep 2014

EGoM on 2G spectrum auction to meet tomorrow

PTI  New Delhi, March 05, 2013
First Published: 16:39 IST(5/3/2013) | Last Updated: 16:45 IST(5/3/2013)

An empowered group of ministers (EGoM) headed by finance minister P Chidambaram is scheduled to meet on Wednesday to discuss the third round of 2G spectrum auction.


"There will be discussion over the third round of spectrum auction which the department of telecom (DoT) has to conduct to comply with the Supreme Court order," government sources said.

The EGoM will take a call on the number of telecom circles in which spectrum will be auctioned, they added.

The apex court on February 15, 2013, had directed the government to put up the entire spectrum that was freed following cancellation of 122 2G licences for auction.

The government had put on sale 271.25Mhz of spectrum in November 2012. 514.8 Mhz of spectrum was freed after the Supreme Court order last year cancelled 122

To comply with Supreme Court order, DoT will have to auction airwaves in at least 20 circles.

The department will also have to take the EGoM's approval to auction spectrum in Delhi and Mumbai circles which failed to attract bidders for the second time since November 2012.

The auction is scheduled to start from March 11. The government has received only one application from Sistema Shyam Teleservices for participating
in spectrum auction.

Sources added that there is a possibility of spectrum prices getting reduced in 18 out of 22 telecom circles for which bids were received in the November 2012 auction.

It was also not clear if the spectrum prices in the remaining telecom circles - Delhi, Mumbai, Karnataka and Rajasthan - will be reduced for which there are no bidders in the upcoming auction on March 11.

The government had already reduced the prices of GSM spectrum in these four circles by 30% after there were no bidders in the November auction.

more from New Delhi

AAP accuses Jung of stopping them to send J-K aid

AAP on Friday accused LieutenantGovernor Najeeb Jung of preventing its MLAs from sending relief package to Jammu and Kashmir by "raising an objection" to the transfer of Rs 20 lakh from the funds of each of its 27 legislators to Jammu and Kashmir CM fund.

Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved