“The DCC has right this moment accredited the advice of Telecom Regulatory Authority of India (TRAI). We are hopeful that public sale shall be carried out in March-April,” Telecom Secretary Anshu Prakash advised reporters right here.
He stated the public sale will entail sale of over 8300 MHz of spectrum unfold over all 22 telecom circles, the reserve worth of which involves Rs 5,22,850 crore.
TRAI had initially given advice for radiowaves valued at Rs 4.9 lakh crore. However, the telecom division has additionally included further spectrum for the public sale which will probably be free from expiration of licences of Reliance Communications, Bharti Airtel in eight circles and Vodafone and Idea Cellular in Four circles every.
Successful bidders should pay 25 per cent of the quantity upfront for sub 1 GHz, and 50 per cent upfront for larger frequency bands.
Installment will probably be unfold over a interval of 16 years. There will probably be a two-year moratorium for cost after the upfront quantity is given. This implies that installment should be paid from third yr, in 16 annual installments.
Based on views sought by the federal government, TRAI on August 1, 2018 had really useful public sale of spectrum within the 700MHz, 800MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3400 MHz, 3400-3600MHz bands.
Meanwhile, the DCC at its assembly on Friday, additionally accredited submarine fibre cable connectivity between Kochi and Lakshadweep island, and beneath the plan 11 islands will probably be related.
The proposal that entails a Rs 1,072 crore outlay – capital expenditure of Rs 837 crore and working bills of Rs 235 crore – would require the CCEA’s approval. There will probably be two-way connectivity between and among the many islands.
After award of the contract, 24 months will probably be required to finish the venture.
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