DoT looking to start 2G spectrum auction from March 11

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The second round of auction for selling unsold telecom spectrum is likely to start from March 11 with a lower base price.

According to sources, "stiff timeline has been drawn taking into account the EGoM decision dated December 7, 2012 that all effort should be made to complete the process during the current financial year."

The timeline of the second auction is likely to be discussed by the Empowered Group of Ministers on Telecom in its scheduled meet on January 7.

Sources said that auction is proposed to start from March 11 for unsold spectrum in 1800 Mhz and airwaves in 900 Mhz band held by telecom companies whose licences are coming up for renewal in 2014.

The government may increase the quantum of spectrum or number of blocks on the block this time, they added.

As per the proposed timeline, DoT may issue auction guidelines on January 7 if EGoM approves it, sources said.


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