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Telecom Commission recommends increase in spectrum prices

2013-11-06 12:41:00| Telecompaper Headlines

(Telecompaper) India's Telecom Commission has recommended raising the reserve price for mobile spectrum sold in auctions by 15 percent in the 1800 MHz band and by 25 percent in the 900 MHz band, reports Reuters. The Telecom Regulatory Authority of India (Trai) had recommended a sharp cut in the auction reserve prices after most carriers stayed away from bidding in the last two auctions, saying the reserve price was too high. A ministerial panel and the cabinet will finalise the new reserve prices. India plans to conduct its next mobile auction in January 2014 and has estimated revenue of INR 110 billion from the sale of airwaves.

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