Spectrum for third-generation telecom services in the 2.1 GigaHertz band are likely to be offered only to two private service providers, besides Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd, with a reserve price of Rs 160 crore for Delhi and Mumbai.

According to a Department of Telecommunications (DoT) committee set up to examine the recommendations of the Telecom Regulatory Authority of India (TRAI) on auctioning radio frequencies for telecom services that allow high-speed internet and video streaming, all three service providers should pay the same fee — the highest bid.

For the initial one-time spectrum charge, an online auction is to be conducted by a specialised agency for selecting the two service providers, other than BSNL and MTNL. No trading or reselling of spectrum is to be allowed.

Posted: 07|11|07 at 7:23 am. Filed under: Auction News.