Spectrum Auction
Spectrum Auction 2024 Worth Rs 96k Crores to be Held Tomorrow
The telecom spectrum auction for eight bands is scheduled for June 25. According to Antique Stock Broking, the bidding is unlikely to be vigorous. The brokerage predicts that Bharti Airtel may bid for some of its expiring spectrum valued at Rs 3,820 crore, while Jio will be selective, basing its bids on data traffic flow […]
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Hong Kong’s OFCA Allocates Free Spectrum to Boost 5G Networks
Hong Kong’s Office of Communications Authority (OFCA) announced that it will allocate 1,200 MHz of spectrum in the 26 GHz and 28 GHz bands in the third quarter of this year to enhance the city’s 5G networks. The spectrum will be distributed among four mobile network operators (MNOs): China Mobile Hong Kong (CMHK), Hong Kong […]
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Jyotiraditya Scindia Takes Charge of Telecom Ministry, Priorities Spectrum Auction
Six-time Member of Parliament Jyotiraditya M. Scindia, a 53-year-old former investment banker, has taken charge as the communications minister in the new government under Prime Minister Narendra Modi. Scindia, who has a history with the telecom ministry, served as the minister of state for telecommunications, posts, and information technology from 2007 to 2009. “It is […]
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With Spectrum Auction, Other Telecom Reforms Likely to be Delayed
The postponement of the spectrum auction has caused delays in other initiatives within the telecom ministry, such as implementing regulations for the Telecommunication Act 2023 and other telecom reforms. Officials from the Department of Telecommunications (DoT) stated that the auction was deferred due to internal uncertainties within the government. Consequently, no decisions will be made […]
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5G Spectrum Auction Date Postponed to 25 June
On the eve of its next 5G spectrum auction, India’s Department of Telecommunications (DoT) has once again postponed the auction, now rescheduled for June 25. Initially set for May 20, the auction was first delayed to June 6 to follow the country’s general elections, the results of which were announced today. However, the DoT amended […]
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5G Spectrum News: Airtel to Lead 5G Spectrum Purchases, Says Analysts
Bharti Airtel is poised to boost its sub-GHz spectrum holdings in the coveted 900 MHz band across a dozen circles, likely emerging as the top spectrum buyer among the three major telecom operators in the upcoming auction, despite Reliance Jio submitting the highest earnest money deposit (EMD), according to analysts. This strategic move is primarily […]
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DoT Releases Schedule for Spectrum Auction 2024
The Department of Telecommunications (DoT) has adjusted the application submission timeline for the upcoming spectrum auctions, which were delayed due to the Lok Sabha elections. According to a notification from the DoT, the deadline for submitting bid applications has been extended by 15 days to May 6. Initially scheduled to commence on May 20, the […]
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Spectrum Auction 2024 Date Postponed
The Department of Telecommunications (DoT) has decided to reschedule the spectrum auction to June 6, 2024. Initially, the spectrum auction was slated for May 20, 2024, as indicated in the Notice Inviting Application (NIA). However, due to the upcoming general elections during that period, the DoT has opted to postpone the auction to June 6, […]
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5G Spectrum Base Price Increased by 9-12% for May 20 Auction
The government has raised the pan-India base prices for the upcoming 5G airwaves auction across the 3.3 GHz, 26 GHz, and 1,800 MHz bands by 9-12% per unit compared to the previous sale nearly two years ago, according to analysts. The auction, slated to commence on May 20, is the country’s second for 5G spectrum. […]
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DoT Anticipates Limited Revenue during Spectrum Auctions 2024
The Department of Telecommunications (DoT) has revised its anticipated revenue from the forthcoming spectrum auctions, signaling a significant reduction in expected earnings. Initially, the government aimed to generate Rs 5,000 crores from the spectrum auctions scheduled for the last quarter of FY24. However, a report that DoT has slashed the revenue target to Rs 500 […]
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