EGoM for spectrum price between Rs 14,111-Rs 15,111 cr

a relief to telecom operators, the Empowered Group of Ministers (EGoM) is believed to have suggested setting a 20 per cent lower base or bid start price at Rs 14,111-15,111 crore for the proposed spectrum auction."The EGoM has suggested a base price between Rs 14,111 - Rs 15,111 crore for 5 Mhz of airwaves in auction," sources said.This is about 20 per cent lower than around Rs 18,000 crore reserve...

2G auction: EGoM backs lower base price

(EGoM) is believed to have suggested setting a 20 per cent lower base or bid start price at Rs 14,111-15,111 crore for the proposed"The EGoM has suggested a base price between Rs 14,111 - Rs 15,111 crore for 5 Mhz of airwaves in auction," sources said.(in 1800 Mhz band) suggested by telecom regulator TRAI for the auction of spectrum vacated from Supreme Court cancelling 122 licences issued by the then...