DoT Postpones Spectrum Auction 2024 to June 25th

Follow Us

DoT Postpones Spectrum Auction 2024 to June 25th
The Department of Telecom (DoT) has postponed the spectrum auction to June 25, as per the information available on its website. According to amendments made in the Notice Inviting Applications (NIA) for bids on Tuesday, the new date for "start of the live auction" has been changed to June 25 and the new date for publishing the Auction Catalogue for Live Auction is now June 24.

Also Read: DoT Releases New Application Schedule for Spectrum Auction 2024




Spectrum Up for Grabs

The government plans to auction eight spectrum bands for cellular services at a base price of about Rs 96,317 crore. The available spectrum includes bands in the 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz ranges.

Anticipated Spenders and Strategies

Reliance Jio has deposited the highest earnest money of Rs 3,000 crore for the spectrum auction, allowing the company to bid for maximum radiowaves. Analyst reports suggest that Airtel may be the biggest spender in the 2024 spectrum auction with an outlay of Rs 10,400 crore.

Read More - India Spectrum Auction 2024: Details of Spectrum Put To Auction

As per details released by the DoT, Bharti Airtel has submitted an earnest money deposit (EMD) of Rs 1,050 crore and Vodafone Idea (VIL) of Rs 300 crore. The assigned spectrum will be valid for 20 years, and successful bidders will be allowed to make payments in 20 equal annual instalments.

Reported By

Kirpa B is passionate about the latest advancements in Artificial Intelligence technologies and has a keen interest in telecom. In her free time, she enjoys gardening or diving into insightful articles on AI.

Recent Comments

TheAndroidFreak :

Off Topic: iQOO Z10 Turbo Pro V2453A specifications. 6.78" 1.5K LTPS flat display Qualcomm Snapdragon 8s Elite Android 15 50MP…

5G in India: 770 Million Users by 2028, Says Nokia;…

TheAndroidFreak :

Off Topic : iQOO Z10 Turbo will launch soon in India. Either with Dimensity 8400 or Snapdragon 8s Elite.

5G in India: 770 Million Users by 2028, Says Nokia;…

TheAndroidFreak :

Vi badly needs 40Mhz of band 41 and 15Mhz of band 1/3 or either of these for next two years…

5G in India: 770 Million Users by 2028, Says Nokia;…

TheAndroidFreak :

Testing is going on in Delhi, Lucknow and Kanpur. Successful tests at 400-500Mbps on 70Mhz of N78. From what I…

BSNL to Transition from 4G to 5G in Three to…

Shivraj Roy :

Man it sounds so weird that 2030 is just 5 years awayDamn man .

5G in India: 770 Million Users by 2028, Says Nokia;…

Load More
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments