Cabinet approves telecom spectrum auction across multiple bands at base price of Rs 96,317.65 cr:

Daily Current Affairs / Cabinet approves telecom spectrum auction across multiple bands at base price of Rs 96,317.65 cr:

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Category : National Published on: February 12 2024

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The Cabinet approved the next spectrum auction set to be held later this year with a reserve price of Rs 96,317 crore. All the available spectrum in 800, 900, 1800, 2100, 2300, 2500, 3300 megahertz and 26 gigahertz bands will be put to auction. A committee, to be chaired by the Cabinet Secretary, will also be set up to finalise plans for re-farming of certain spectrum bands