Telecom panel rejects Trai’s 3G spectrum pricing

January 22, 2015

Ahigh-stakes spectrum auction, estimated to fetch as much as Rs 84,000 crore just at the base price, is on the cards with a top government panel striking down regulator Trai’s suggested pricing and recommending a higher threshold for the coveted airwaves. A competitive bidding is expected to fetch the government upwards of Rs 1 lakh crore with ease, coming in as a huge enabler to bridge the fiscal deficit at 4.1% of the GDP.

The inter-ministerial Telecom Commission, headed by Telecom Secretary Rakesh Garg, upped the reserve price for the 3G airwaves (in the 2,100 MHz frequency) to Rs 3,705 crore per megahertz, about 36% to the Rs 2,720 crore that regulator Trai had recommended.

Source:trai

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