Govt Policy

EGoM to settle on spectrum pricing

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An Empowered Group of Ministers (EGoM), led by Finance Minister Pranab Mukherjee, will take call on the base price of spectrum, to be auctioned to operators, in its next meet.
However, the exact timing of the conference is not known yet.
The EGoM in its previous meeting had finalised broad modalities for auction of spectrum, including schedule and quantum of airwaves to be sold.

The apex court had asked the government to auction the spectrum by August 31.

While the process will be initiated from August 6 with the issuance of Information Memorandum, other matters like pricing and roll out obligations are yet to be finalised by the high-powered panel.

Sectoral regulator Trai has recommended a base price of Rs 3,622 crore per megahertz (MHz) pan-India spectrum for 1800 Mhz band (being used for GSM service).

 

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