Left Menu
Development News Edition

Inter-ministerial panel clears draft RFP to select auctioneer for 2019 spectrum sale

PTI | New Delhi | Updated: 14-07-2019 12:49 IST | Created: 14-07-2019 12:46 IST
Inter-ministerial panel clears draft RFP to select auctioneer for 2019 spectrum sale
Image Credit: Pixabay

An inter-ministerial panel has approved the draft RFP (tender document) to select the auctioneer who will conduct the upcoming spectrum sale, including for 5G radiowaves, according to a source. The Department of Telecom hopes to have the auctioneer in place by early-September, the source added.

The matter is likely to be taken up in the next meeting of Digital Communications Commission (DCC) scheduled this month. Once the DCC takes a view on the issue, the Request for Proposal (RFP) will be floated, the source told PTI.

The inter-ministerial committee, apart from officials from the Telecom Department, has representation from the Department of Economic Affairs, Ministry of Electronics and IT, and Niti Aayog, among others. The panel has cleared the draft RFP for selection of the auctioneer to conduct the spectrum auction, the source noted.

The last spectrum auction in October 2016 saw only 40 percent of the spectrum offered being sold. In that auction, the government had garnered Rs 65,789 crore from sale of just 965 MHz, out of the entire 2,354.44 MHz that was on offer at the base price of Rs 5.63 lakh crore. Among the bandwidth which went unsold was the valuable 700 Mhz which the telecom companies gave a miss, citing high base price.

The government, which did not auction any spectrum in 2017-18 and 2018-19, wants to hold the nation's biggest auction of over 8,000 MHz of airwaves this year. However, the price of the radiowaves continues to be a hurdle.

Regulator Trai had recently reiterated its recommendation on base price and valuation of the spectrum, making it clear to the Telecom Department that it has considered "all relevant factors" while giving views on prices. Last month, amid an industry discontent over the pricing of spectrum, DCC had decided to approach the Telecom Regulatory Authority of India (Trai) to reconsider its spectrum recommendations to ensure competition and greater participation of players in the upcoming auction.

In a detailed response to the Telecom Department, Trai last week said it had considered all the relevant factors, including the methodology, assumptions, developments between the spectrum auction in 2016 and its suggestions of August 1, 2018, and the rationale for spectrum valuation and reserve price while giving its recommendations. Trai had also argued that for sale of spectrum in an auction, the bidders consider various factors like company's vision, network needs, price, and the number of competing participants, among others, and so no guarantee can be given about sale of all the spectrum put to auction.

Trai further asserted that the government's own marketing efforts will also have an impact on participation in the auction.


TRENDING

OPINION / BLOG / INTERVIEW

How UK’s 'best prepared' healthcare system failed to gauge COVID-19

The UK is proud of their public health system and its unlike any other country as around 90 percent of British public supports the founding principles of National Health Service. But without accurate data being available to stakeholders in ...

Poor on IHR capacity progress in 2019, WHO says Cambodia tops COVID-19 response

Despite being in proximity to Hubei, the original epicenter of COVID-19 pandemic, Cambodia has reported just 226 confirmed cases and zero deaths. After seeing the data, WHO appreciated Cambodias healthcare information system but experts dou...

Loopholes in Healthcare Information System may have failed Singapore COVID-19 model

In the initial days of the COVID-19 outbreak, Singapore was in the limelight for its effective healthcare system and pandemic response plan. However, Singapore has now joined the list of the worst-hit nations and the situation is even worse...

Australia's COVID-19 response: Digital infrastructure of help but implementation remains a challenge

Australias ongoing plans to upgrade its health information system helped by the Digital Health Strategy seem even more practical due to the pandemic. But as evident during the pandemic, administrative lapses and the complex matrix of power ...

Videos

Latest News

Foundation stone for Ram temple was laid by Rajiv Gandhi: Digvijaya Singh

Two days ahead of the bhoomi pujan of Ram temple in Ayodhya, senior Congress leader Digvijaya Singh on Monday said that the foundation stone for the temple was laid by former Prime Minister late Rajiv Gandhi. The foundation stone has alread...

India's Wockhardt to supply millions of doses of COVID-19 vaccines to UK

Indian drugmaker Wockhardt Ltd will supply millions of doses of multiple COVID-19 vaccines to the UK, including the one being developed by AstraZeneca and Oxford University, it said on Monday.The company has reserved fill-and-finish capacit...

Rising real lending rate roiling RBI rate cuts, scuppering credit offtake and growth: Report

Even after the Reserve Bank has slashed the key interest rates by 135 basis points bps since February this year, the real lending rates have only gone up by 44 bps in spite of nominal lending rates falling by 105 bps during the same period,...

Jharkhand CM greets people on Raksha Bandhan

Jharkhand Chief Minister Hemant Soren on Monday greeted people on the occasion of RakshaBandhanThe chief minister also advised the people tocelebrate the festival by staying at home in view ofCOVID-19 outbreakTaking to Twitter, Soren said, ...

Give Feedback