4G Spectrum Auction of Rs 3.92 Lakh Crore on 1st March, 2021

4G Spectrum Auction of Rs 3.92 Lakh Crore on 1st March, 2021

The Government has issued a notice, declaring that the auction of 4G spectrum for radio waves worth Rs 3.92 lakh crore at base price will take place on 1st March, 2021.

According to the notice, the final list of the bidders will be declared on 24th February, 2021, applied for spectrum in frequency bands of 700 MHz, 800Mhz, 900 Mhz,1800 Mhz, 2100 Mhz, 2300 Mhz and 2500 Mhz.

The Department of Telecom (DoT) has fixed 12th January, 2021 for the pre-bid conference and last date for seeking clarification to the notice on 28th January, 2021.

The last date of submission of application for the telecom operators interested for participation in the auction is 5th February, 2021.

Source: – Bidding for spectrum auction to start from March 1


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