The reserve value of two of the most costly bands — 800 MHz and 900 MHz — within the spectrum public sale on Might 20 has not been modified by the federal government.
In all of the eight spectrum bands the federal government is placing up for public sale, the reserve costs for the Delhi telecom circle are the very best, adopted by Mumbai, with Kolkata coming in a distant third.
The Division of Telecommunications (DoT), by means of a discover launched on Friday, introduced that telecom gamers may have till April 22 to submit bids for the public sale, which is able to function all of the accessible spectrum in 800 MHz, 900 MHz, 1800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz bands.
The federal government, nevertheless, appears to have resisted elevating the reserve costs of often sought-after spectrum bands in key telecom circles.
This rings true for Delhi, Mumbai, and Kolkata, that are thought of by the DoT as ‘metro circles’ owing to their strategic and financial significance, and inhabitants amongst India’s 22 telecom circles.
For the 800 MHz band, Delhi had a reserve value of Rs 479 crore per MHz, adopted by Mumbai (Rs 468 crore) and Kolkata (Rs 153 crore). This was the identical in 2022.
Equally, for the 900 MHz band, Delhi (Rs 436 crore), Mumbai (Rs 389 crore), and Kolkata (Rs 153 crore) have the identical reserve costs because the previous public sale.
Within the 1,800 MHz band, whereas Delhi has the identical reserve value of Rs 270 crore as in 2022, the worth in Mumbai has been raised to Rs 264 crore, up 12 per cent from Rs 239 crore.
In Kolkata, the worth has been raised to Rs 109 crore for the most recent public sale, up from Rs 97 crore in 2022, once more a 12 per cent rise.
Within the 2,100 MHz band, whereas the reserve value in Delhi has gone up 12 per cent to Rs 251 crore, up from Rs 224 crore, the costs for Mumbai (Rs 196 crore) and Kolkata (Rs 80 crore) have remained the identical.
There was no change in reserve costs within the 2,300 MHz and a couple of,500 MHz bands as nicely.
The federal government has set a cumulative reserve value of Rs 96,317.65 crore for the 10523.15 MHz value of spectrum put to public sale.
In the meantime, within the final spherical of auctions ending on August 1, 2022, the federal government had put up almost 7-times extra spectrum (72,098 MHz).
Of this, 51,236 MHz or 71 per cent of the whole was offered with the whole bid amounting to Rs 1.5 trillion.
The dear however super-efficient 700 MHz band has been stored out of the bidding for the upcoming public sale.
Witnessing bidding for the primary time in 2022, massive chunks of spectrum within the band had been picked up by Reliance Jio at an estimated Rs 39,270 crore.
Earlier than this, the band had gone unsold in two successive auctions resulting from excessive costs.
In 2022, reserve costs within the band had been lower by 40 per cent.
The profitable bidders shall be allowed to make fee in 20 equal annual installments, duly defending the Internet Current Worth on the rate of interest of 8.65 per cent, the DoT has stated.
There may even be no spectrum utilization fees for the spectrum acquired on this public sale.
First Printed: Mar 10 2024 | 7:16 PM IST
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