3G auction: Govt approves Rs 3,705 cr as base price, eyes Rs 1 lakh cr from total sale

Last Updated: Wednesday, January 28, 2015, 19:17

Eyeing a record high spectrum sale of Rs one lakh crore, the government today fixed the base price for 3G auction at Rs 3,705 per mega hertz -- which itself can fetch over Rs 17,000 crore from this band.

Cabinet approves Rs 3,705 cr per MHZ as base price for 3G spectrum auction

Last Updated: Wednesday, January 28, 2015, 18:30

The Union Cabinet on Wednesday approved Rs 3,705 crore per MHZ in the 2100 MHz band as base price for 3G spectrum auction, Telecom Minister Ravi Shankar Prasad said.

Cabinet likely to take up 3G spectrum pricing today

Last Updated: Wednesday, January 28, 2015, 09:57

The Union Cabinet is likely to consider on Wednesday the reserve price for spectrum auction in the 2100 MHz band, which is being used for providing 3G mobile services.

Cabinet likely to take up 3G spectrum pricing Wednesday

Last Updated: Tuesday, January 27, 2015, 22:50

The Cabinet is likely to consider Wednesday the reserve price for spectrum auction in the 2100 MHz band, which is being used for providing 3G mobile services.

Spectrum auction deferred by a week to March 4

Last Updated: Tuesday, January 27, 2015, 19:56

Government on Tuesday deferred the telecom spectrum auction by a week to March 4, while the deadline for bidders to submit applications has been extended to February 16.

High 3G price to adversely impact Indian mobile networks: GSMA

Last Updated: Friday, January 23, 2015, 00:11

High 3G spectrum base price of Rs 3,705 crore recommended by inter-ministerial panel Telecom Commission and less quantum of airwaves being put for auction will adversely impact development Indian mobile networks, global telecom body GSM Association said Thursday.

Govt earmarks spectrum for defence; ends 8-yr sharing dispute

Last Updated: Wednesday, January 21, 2015, 22:53

Ending 8-year long dispute over spectrum sharing with defence, the Cabinet Wednesday earmarked bands for exclusive use of security establishment while making available the remaining radiowaves for commercial use in areas like telecom and broadcasting.

Prasad, Parrikar meeting to resolve 3G spectrum

Last Updated: Wednesday, January 21, 2015, 12:47

Telecom Minister Ravi Shankar Prasad will be meeting Defence Minister Manohar Parrikar to resolve issues related to 3G spectrum.

Telecom Commission suggests Rs 3,705 cr per Mhz for 3G

Last Updated: Monday, January 19, 2015, 17:32

Inter-ministerial panel Telecom Commission has suggested a base price of Rs 3,705 crore per megahertz as 3G spectrum base price for upcoming auction, about 11 percent higher than what companies paid for the same in 2010 sale.

3G spectrum price to be placed before Cabinet this week

Last Updated: Monday, January 19, 2015, 14:58

Telecom Ministry will this week place before the Cabinet for approval the 3G spectrum base price for the auction planned in February.

TRAI reiterates its proposals on 3G spectrum pricing

Last Updated: Thursday, January 15, 2015, 15:01

Standing by its proposals on 3G base pricing, sectoral regulator TRAI Thursday reiterated that enough spectrum in 2100 MHz should be made available for the February auction as otherwise it will "artificially increase" the market price in the band.

TRAI keeps 3G spectrum base price unchanged, auction in February

Last Updated: Thursday, January 15, 2015, 14:23

Telecom regulator TRAI on Thursday kept the base price of 3G spectrum unchanged at Rs 2,720 crore per megahertz stating all spectrum in 2100 MHz band will be auctioned in February.