1800 Mhz auction

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Empowered Group of Ministers slashes base price for 1,800 Mhz auction

An inter-ministerial group has recommended slashing of the base price for 1,800 mega hertz (Mhz) spectrum by 30 per cent in four circles, following a lack of interest from telecom operators. The EGoM, which was set up to review the pricing of telecom spectrum, slashed the prices of the radio waves to Rs 14,000 crore as against Rs 18,000 crore fixed at the previous auction. The Empowered Group of Ministers… Read More

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