Spectrum KJH

No companies tendered bids for spectrum in 1800 MHz and 900 MHz bands, and MTS India was the only bidder in the 800 MHz band. Vodafone Group’s CEO Vittorio Colao stated, “The problem is that in India there is a misperception of what is the value of spectrum. The reserve prices are set too high .

The money the FCC earns from that auction will be turned around to pay for the FCC’s expenses to run the auction, and pay for any expenses broadcasters have for switching over to their new spots on the spectrum band . Anything extra goes to the federal government.

A senior official of the telecom department has revealed that 5G spectrum auction could be held in May this year if the Telecom Regulatory Authority of India (TRAI) submits the 5G pricing recommendations in March , according to PTI. Previously, the 5G auction was rumoured to take place in July-August.

The three big telcos – Airtel, Vodafone Idea, and Reliance Jio will participate in the auction. The spectrum bought will be valid for 20 years.

Dating back to the PCS auction in the mid-1990s, more than $200 billion has been raised in a series of spectrum auctions. Where does this money go? The bulk of these auction proceeds have gone straight into the miasma of the U.S. Department of the Treasury .

As per the government, the objective of this auction is to obtain a market determined price of all the spectrum blocks .

A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources .