In the new spectrum auction, the reserve price of the most expensive band remained unchanged.

A new auction of telecom band i.e. spectrum is going to be held in the country soon. The government has shared an update in this regard. According to an update released on Friday last week, eight spectrum bands are going to be available in this auction. The reserve prices of the two most expensive spectrum bands in this auction remain unchanged.

Spectrum worth thousands of crores will be auctioned.

According to the latest update of the Department of Telecom, the new auction of telecom spectrum will start from May 20. The department has invited applications for the same. Eight bands of spectrum for mobile phone services will be auctioned in this auction. Spectrum worth Rs 96,317.65 crore will be available in this auction. Spectrum held by companies undergoing insolvency proceedings will also be included in the auction.

Bids open until April 22

In this auction, companies will be able to bid for spectrum bands of 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz and 26 GHz. Companies can submit bids till April 22, after which the auction process will start from May 20.

The reserve price for these 2 bands has not changed.

In this auction, the government has increased the reserve price for the spectrum bands in which companies show the most interest. However, there has been no change in the reserve price for the two most expensive telecom bands 800 MHz and 900 MHz. Circle wise, reserve price is highest for Delhi Telecom circle. It is followed by Mumbai and Kolkata circle at the second and third positions respectively.

Reserve prices of 800 and 900 MHz.

The reserve price of 800 MHz telecom band for Delhi circle is Rs 479 crore, while the reserve price of 900 MHz has been set at Rs 436 crore. Similarly, the reserve price of 800 and 900 MHz bands in Mumbai circle is Rs 468 crore and Rs 389 crore respectively. The reserve price of both the bands for Kolkata circle is Rs 153 crore. In the auction held in the year 2022, their rates remained almost the same.

There was a change in the reserve price in these bands

In the 1800 MHz band, the reserve price in Delhi is at the old level of Rs 270 crore, but in Mumbai and Kolkata it has increased by 12% to Rs 264 crore and Rs 109 crore. Whereas in the 2100 MHz band, the reserve price in Delhi circle has increased by 12 per cent to Rs 251 crore, while for Mumbai and Kolkata it has remained at the old level at Rs 196 crore and Rs 80 crore respectively.

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