Govt to hold 3G spectrum auction on April 9
The government will hold the much-awaited auction for third generation mobile spectrum on April 9 and will start inviting applications from the prospective bidders from Thursday.india Updated: Feb 25, 2010 02:39 IST
The government will hold the much-awaited auction for third generation mobile spectrum on April 9 and will start inviting applications from the prospective bidders from Thursday.
Announcing the schedule of 3G auction, a government notification said the notice inviting applications would start Thursday and the last date for submitting the applications will be March 19. The government is expecting Rs 35,000 crore from the auction.
While the pre-qualification of bidders would take place on March 30, mock auctions would be held on the 5th and the 6th of April.
The auction date for 3G spectrum is April 9, 2010, it said.
In the past, 3G auctions have been deferred twice even after the date of announcements of the auction. All big telecom majors Bharti, Vodafone, Rcom and Tatas have readied their plans for the auction.
When contacted, most of the operators expressed relief at the announcement of the dates, but said they would wait for the NIA to for more clarity.
The auction has been delayed over differences between government departments over pricing wireless radio spectrum and on the availability of spectrum to be auctioned.
However, the issues were later resolved, Telecom Minister A Raja had said.