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| Policy & Regulation | | | Spectrum auction: DoT expecting good response from operators | | | TT Correspondent | | 29 Aug 2012 | | |   Though Uninor and SSTL who lost spectrum licences following The Supreme Court’s February 2 decision, are yet confirm their participation, the government is hopeful of significant participation in the upcoming auction of airwaves.
Telecom Secretary R Chandrashekhar said that the government is expecting significant participation from the new operators and some of the existing operators which require additional spectrum may also participate in the auction.
Responding to a question he said that the Department of Telecommunications ( DoT) has not received any communication from the operators on auction as they are not required to do so before the submission date.
Meanwhile R Chandrashekhar told CNBC TV-18: “All telcos whose licences have been quashed can bid in 2G auction. Also, it is possible to allow 100% foreign companies to apply for the 2G auction.”
The Supreme Court Monday while extending the deadline has asked government to complete the auction for 2G spectrum by January 11, 2013.
It also warned that failure to meet the revised deadline would led to "contempt" proceedings against erring officials as well as an "exemplary" fine on the Centre.
Meanwhile the government on Monday said that the 2G spectrum auction process will start in November. The final list of bidders allowed to take part in the auction for second-generation (2G) will be decided by November 6 and the bidding will take place on November 12, the telecom ministry said in a statement.
Bids will be received until Oct. 19 and the final list of bidders who will be allowed to participate in the auction will be decided by Nov. 6, the telecom department said in a notice on its web site.
The government said that it was seeking to achieve a "market determined price of spectrum, through a transparent process" while also trying to "stimulate competition" and maximise revenues.
Earlier this month, it set the reserve price for the auction at 140 billion rupees ($2.5 billion) for a 5-megahertz slot covering all of India's 22 telecom service areas. |
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