spectrum

Govt to become biggest shareholder in Vodafone Idea; company approves conversion of spectrum interest, govt dues into equity

Following the conversion into equity, the Indian government is expected to hold about 35.8% of the total outstanding shares of Vodafone Idea. Promoter shareholders Vodafone Group would hold around 28.5% and Aditya Birla Group around 17.8%.

Jan 11, 2022, 10:23 AM IST

Trai seeks views on free spectrum allotment worth Rs 98,520 cr to Railways

The DoT in its comment to Trai mentioned that the spectrum in 700 MHz band is a valuable spectrum as the reserve price provided by the regulator Trai in its recommendations dated August 1, 2018 on pan-India basis comes out to be Rs 98,520 crore for 15 MHz (paired) spectrum.

Jun 25, 2019, 10:10 AM IST

2G spectrum: Court reserves verdict in case involving A Raja, Kanimozhi for July 15

A Special court on Wednesday reserved verdict in 2G spectrum allocation case involving former Minister A Raja, DMK MP Kanimozhi and others, for July 15.

Apr 26, 2017, 16:14 PM IST

No special treatment for Vodafone, Idea: Manoj Sinha

Government has said there will be no special treatment for Vodafone India and Idea Cellular which have decided to merge.

Mar 30, 2017, 12:56 PM IST

'No plan yet to give telcos option to buy spectrum annually'

The government has no immediate plan to provide telecom companies with an option to buy spectrum annually, Telecom Minister Manoj Sinha said.

Mar 22, 2017, 16:02 PM IST

Spectrum auction flop not to impact fiscal math: Nomura

Japanese brokerage Nomura on Friday said there will be a Rs 32,000-crore shortfall in revenue accretion because of the disappointing spectrum auctions, but it woould not affect the overall fiscal math of the government.

Oct 07, 2016, 18:37 PM IST

Idea to shell out Rs 12,798 crore to buy spectrum

Telecom operator Idea Cellular will shell out Rs 12,798 crore for buying 349.20 MHz of spectrum in the just concluded auctions.

Oct 06, 2016, 23:22 PM IST

Airtel secures 173.8 Mhz spectrum for Rs 14,244 crore

In the spectrum auction that concluded on Thursday, Bharti Airtel secured secured 173.8 Mhz of airwaves for Rs 14,244 crore.

Oct 06, 2016, 22:59 PM IST

Spectrum auction ends with bids worth Rs 65,789 crore, 60% of airwaves unsold

There were no takers for the expensive 700Mhz and 900 Mhz bands during the course of the five days. The 700MHz band alone was expected to fetch Rs 4 lakh crore for the government.

Oct 06, 2016, 20:53 PM IST

Day 4: Spectrum auction gets bids worth Rs 63,500 crore

Spectrum auction on Day 4 ended with a meagre addition of Rs 2,531 crore, taking total bids to over Rs 63,500 crore as almost 60 percent of airwaves, including the premium 4G bands of 700 Mhz and 900 Mhz, remained unsold.

Oct 05, 2016, 22:59 PM IST

Spectrum auction: Day 2 closes with bids worth Rs 56,872 crore

Spectrum auction appeared to slow down on Day 2 with total bids advancing to Rs 56,872 crore mainly due to demand for widely-used 1800 Mhz band but premium 700 Mhz and 900 Mhz bands found no takers even on Monday.

Oct 03, 2016, 23:24 PM IST

Seven companies qualify to bid in upcoming telecom spectrum auction

Seven telecom service providers have qualified to bid for the upcoming biggest-ever airwaves auction starting from October 1, according to official data released here by the Department of Telecommunications.

Sep 24, 2016, 17:54 PM IST

Seven telcos submit Rs 15,000 crore earnest money for auction

In a seemingly tepid build-up to the upcoming spectrum sale, due on October 1, seven mobile operators are said to have deposited earnest money of about Rs 15,000 crore, lower than the previous year's Rs 20,435 crore.

Sep 16, 2016, 20:33 PM IST

DoT call for bidding in allocation of spectrum

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Aug 09, 2016, 10:21 AM IST

India's largest spectrum auction to start from September 29

In the latest, Telecom Department has announced that bidding rounds for the biggest-ever spectrum auction will begin from September 29. The sale will include mobile airwaves worth Rs 5.63 lakh crore at the base price value.

Aug 08, 2016, 18:40 PM IST

TRAI sees flaw in DoT spectrum charge code; bats for flat rate

Telecom regulator TRAI Tuesday reiterated its suggestion of charging mobile operators a flat spectrum charge as it found loopholes in existing method used by government to collect levy for use of airwaves.

Jul 12, 2016, 23:37 PM IST

Government weaves new textiles package, dials for next spectrum auction

Keeping up the momentum in key economic decisions, India's federal cabinet on Wednesday approved the norms for the next telecom spectrum auction that can fetch over $83 billion to the exchequer and a textiles package to push 10 million new jobs and $30 billion more in exports.

Jun 22, 2016, 23:43 PM IST