Govt to conduct fresh spectrum auction by June

The Department of Telecommunications (DoT) is planning to hold a fresh round of auctions of 2G spectrum in May or June this year. 

According to a recent discussion, DoT's immediate past secretary R Chandrashekhar had recommended that the DoT committee on allotment/ assignment of spectrum be asked to examine different aspects and prepare a draft report on the pricing of the spectrum, which failed to get bidders in the past two auctions in November and March, within a period of one month. 

He also said, ‘The committee should be extended with six new members and the reconstituted Committee should be asked to examine the issues further. According to the discussion, the draft report of the reconstituted Committee should be considered and finalised by the Committee that is currently finalising the details of the Unified Licensing (UL) Regime. Based on their final report, the department would prepare the note for the Cabinet following approval from the Communications and Information Technology Minister Kapil Sibal. 

The committee would take a decision on the pricing of spectrum identified for allotment/ assignment through auction but where market conditions have led to failure of auctions to result in price discovery.

Source: http://cablequest.org/news/telecom-news/item/2079-govt-to-conduct-fresh-spectrum-auction-by-june.htmlSource: http://cablequest.org/news/telecom-news/item/2079-govt-to-conduct-fresh-spectrum-auction-by-june.html