"Department of Telecom (DoT) expects to issue auction details through the Notice Inviting Application (NIA) after the prices are approved by the Cabinet next week. The NIA should come likely by January 6," an official source said.
Sectoral regulator TRAI has already given recommendations on the base price and other modalities for the auction of the airwaves in 800 MHz, 900 MHz, 1800 MHz and 2100 MHz bands and has also suggested that all the bands should be auctioned simultaneously.
Yesterday, TRAI recommended a base price of Rs 2,720 crore per megahertz pan-India for sale in 2100 MHz band – used for offering 3G services --, which is about 19 percent lower than what operators paid in 2010.
It had earlier recommended a price of Rs 2,138 crore per MHz for the 1,800 MHz band and Rs 3,004 crore per MHz for the premium 900 MHz band.
For the 800 MHz band -- used by CDMA operators – the body had suggested a reserve price of Rs 3,104 crore per MHz.
The Government expects to raise at least Rs 9,355 crore from auctioning three sets of available spectrum. It also expects to raise additional Rs 5,000 crore from the auction of 3G spectrum in the 2100 Mhz band after it is vacated by the Defence Ministry.
The government has already finalised Kolkata-based mjunction services for conducting spectrum auction.