India's biggest auction of telecom spectrum will kick off today with seven operators in fray for a total of around 2,354 MHz across seven bands. The bands are 700, 800, 900, 1800, 2100, 2300 and 2500 MHz. <br/><br/>Telecom Ministry has said, the availability of such a large quantity of spectrum will give a fillip for Digital India programme. It will allow telecom operators to purchase spectrum at par with international holding values and end spectrum shortage.<br/><br/>India's biggest telecom players Bharti Airtel, Vodafone, Idea Cellular and new entrant Reliance Jio Infocomm are amongst seven companies that are in fray for the bidding. Other bidders include Reliance Communications, Aircel and Tata Teleservices. This is the first time radiowaves in 700 Mhz band will be put up for auction and it is priced at 4 lakh crore rupees at the reserve price.
News On AIR | October 1, 2016 8:56 AM
India's biggest auction of telecom spectrum to kick off today