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3G spectrum: TRAI proposes 18% cut in reserve price

ECONOMY & POLICY
January 1, 2015January 1, 2015
3G spectrum: TRAI proposes 18% cut in reserve price
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The Telecom Regulatory Authority of India (TRAI) has prescribed an 18 per cent reduction in the reserve price for 3G spectrum to be auctioned in February. Compared with the price of Rs 3,340 crore in 2010, TRAI has proposed a reserve price of Rs 2,720 crore per MHz for pan-India spectrum. The regulator has also said that at least 15 MHz of spectrum in the 2100 MHz band should be put on the block.

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