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TRAI Will Conduct Auctions For 3G Spectrum Across 22 Telecom Circles On January 14,2010

The Department of Telecommunications will conduct auctions for 3G spectrum across 22 telecom circles in the country on January 14, 2010 a pre-bid conference would be held on November 16, 2009. The 3G spectrum will be auctioned in four stages invitation stage, pre-qualification, auction and grant of spectrum and a mock auction will be conducted on January 11 and 12. The memorandum also gives details of the spectrum charges the successful bidders will have to shell out over the spectrum acquisition fee. An annual spectrum charge will be levied on the total adjusted gross revenue of 2G and 3G services taken together.The government has also relaxed External Commercial Borrowing (ECB) guidelines up to $500 million to finance spectrum acquisition fees, while it had decided to hold a separate auction for Broadband Wireless Access (BWA). The DoT will also auction one block for telephony services on code division multiple access, or CDMA, technology. Indian companies holding licenses t...

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