TRAI Cuts Spectrum Base Price; Brings Cheer to Incumbent Players
In order to attract more bidders who otherwise stayed away from bidding in the last two auctions, Telecom Regulatory Authority of India (TRAI) has today recommended 50-60 per cent reduction in the reserve price of spectrum for the forthcoming auction. TRAI has recommended that pan-India reserve price for per MHz of 1800 MHz spectrum should be reduced to Rs.1, 496 crore. In 900 MHz band, TRAI has brought down the... Read More