Supreme Court Extends 2G Auction Deadline to Jan 11

The DoT said it will issue a notice inviting applications Sep 28 and the last date of submission of application will be Oct 19.

The final list of bidders will be announced Nov 6. This will be followed by a mock auction Nov 7 and 8 and thereafter the e-auction of 1800 MHz band will take place Nov 12.

The start of e-auction of 800 MHz band will happen two days after close of the 1800 MHz band auction.

The payment of the successful bid amount will have to be done within 10 days days of the close of the respective e-auctions, the DoT added.

For 1800MHz band a minimum of 8 blocks each of 1.25MHz will be put to auction in all 22 service areas. It will add three blocks more to meet the requirement of new entrants, if such an exigency arises.

For 800MHz band a minimum of 3 blocks each of 1.25MHz, will be put to auction in all service areas.

New entrants will be required to bid for minimum of 4 blocks each of 1.25MHz in each service area. They will also be allowed to bid for one additional block of 1.25MHz in each service area.

The base price for 5 Mhz of pan-India spectrum in 1,800 Mhz band has been fixed at 13,999.96 crore and that for 3.75 Mhz of 800 Mhz spectrum has been fixed at 13,649.97 crore.