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Spectrum auction to start from May 20 – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Spectrum auction to start from May 20

Spectrum auction to start from May 20

Representational image only.
| Photo Credit: The Hindu

The upcoming spectrum auction will start from May 20, according to the notice inviting application released by the Department of Telecom on March 8. Government will auction eight spectrum bands for mobile phone services at a base price of ₹96,317.65 crore.

Spectrum which is held by certain companies undergoing insolvency processes as well as frequencies expiring this year will also be put on auction.

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