The Centre has today begun the auction of spectrum worth more than Rs 96,000 crore for telecom services to augment existing telecom services and maintain continuity of services. The Ministry of Communications said that the total quantum of the spectrum being auctioned is 10,522.35 MHz in various bands.
The Ministry informed me that Spectrum will be assigned for 20 years. There will be no spectrum usage charges. Spectrum acquired through this auction can be surrendered after a minimum period of 10 years.
The Department of Telecommunications (DoT), initiated the spectrum process on March 8th of this year.
