Govt considers delaying spectrum auctions to auspicious day of navratras

The upcoming mega spectrum auctions may be pushed by a few days, following a request from the telecom players to delay the auctions by a few days to coincide with the navratras, a period considered auspicious by Hindus. The navratras are due to commence on October 1.

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The government is not averse to the proposal and is willing to defer the auctions that are due to begin on September 29. Telecom Secretary J S Deepak told media that the department is currently considering the industry’s proposal.

“The date of auction we had announced from September 29, but many companies and people feel that the Navratra is starting from October 1, that is a good time to bid. If it gives them good comfort to bid and spend more money to buy the spectrum, we are willing to change it to the first week,” Telecom Secretary J S Deepak was quoted as saying by various publications.

The government will sell a record 2,354 MHz of mobile airwaves across seven bands at the upcoming auctions, which are being seen as critical for some telecom players like Vodafone India, which lags behind in terms of 4G spectrum holdings.

The Indian telcos have not shown great enthusiasm so far for the upcoming round, citing high reserve price for certain spectrum bands.

“We are selling a lot of good quality spectrum, so prices will be high,” Deepak said, adding that “almost all” the companies participated in a pre-bid meeting held recently.

The government had earlier said it was expecting 25 per cent upfront payment for the spectrum below 1 GHz, which would be assigned within 30 days after the bidding.

In its recent report, ICRA had said that the upcoming spectrum auctions would further elevate the industry debt level to around Rs. 4,70,000 crore from the current level of Rs. 4,10,000 crore, even as much more moderate participation fetching around Rs. 60,000 – 65,000 crore is expected.

ICRA said that the 700 Mhz band would attract minimal participation, even as a majority of the spectrum put to auctions is from the 700 MHz band.

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6 Comments on "Govt considers delaying spectrum auctions to auspicious day of navratras"

 

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PiKaChu-TRV
August 27, 2016 1:44 am 1:44 AM
If a ISP like fraudtel comes and bids 20Mhz on 700 band then whole game is changed against jio. After 3 months offer we will prefer quality network over a congested low speed network if price is nearly same. I couldnt call a single person in jio sim for past 2 Months complained two times in Jio care and service quality is worse than bsnl. I am not a fraudtel fanboy jio fans. But i am using jio for 2 Months. Inorder to get 2300 Mhz i need to sit on rooftop that too now which is 15Mbps. 2 months… Read more »
Kirti
August 27, 2016 10:15 pm 10:15 PM

Glad to know you getting 15 mbps on Band 40 in my area i no more get 2300 mhz signal,
just relying on poor 3-5 mbps speed.

Kiran Fernandes
August 27, 2016 6:44 pm 6:44 PM
Airtel isn’t gonna buy 20MHz in the 700MHz band. Noone can have more than 10MHz in sub 1GHz bands. 700, 850, 900 and 1800 according to TRAI. Even if they tried to bid, it would take half their revenue which took over 5 years to generate. So don’t worry, no of them will be able to bid for the 700MHz band because it’s 11k crore for 1MHz block for all states in india. Try multiplying that 10 times for just 10MHz block :v Jio’s speeds on the band’s are fluctuating because they still need to get it optimized a lot,… Read more »
Abhi
August 27, 2016 4:20 pm 4:20 PM

You’re getting free data still complaining, nothing will satisfy you in that case. No one gets 80 Mbps now and that’s normal cuz more users are joining. Jio can’t provide seamless coverage everywhere, some people will always fall on cell edges or null points. Happens with every network. 700 MHz auction will be super flop so forget that. You can use high speed Idea if you can afford the prices. How many hundreds of GB can you download on Idea? Calling problem is not JIO’s fault its poi issue.

Shahin Mb
August 27, 2016 4:00 pm 4:00 PM

I’m getting 10 Mbps on jio

Anil Kumar Vaishnav
August 26, 2016 11:51 pm 11:51 PM

It would be good, if government consider it.

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