EGoM on telecom to meet again on 7 January

The eGoM fails to make any major decision on spectrum auction at a meeting on Thursday
Comment E-mail Print Share
First Published: Thu, Jan 03 2013. 01 44 PM IST
The ministerial panel was expected to decide on issues related to the future of spectrum in the 900Mhz band, the sale of which is expected to take place in March. Photo: Priyanka Parashar/Mint
The ministerial panel was expected to decide on issues related to the future of spectrum in the 900Mhz band, the sale of which is expected to take place in March. Photo: Priyanka Parashar/Mint
New Delhi: The empowered group of ministers (eGoM) looking into the auction of telecom spectrum will meet again on 7 January as they failed to make any major decision at a meeting on Thursday, according to government officials present at the meeting.
The officials declined to be named.
The ministerial panel, headed by finance minister P. Chidambaram, was expected to decide on issues related to the future of spectrum in the 900Mhz band, the sale of which is expected to take place in March.
The panel was also expected to discuss the sale of 1800Mhz band spectrum that remained unsold after the November auction concluded.
The proposed auctions are expected to earn the government a minimum of Rs.40,000 crore, including around Rs.25,000 crore from the 900Mhz spectrum band auction and Rs.14,000 crore from the auction of unsold 1800Mhz band spectrum.
In the November auction, the government put up only 10 Mhz of 1800Mhz band spectrum for auction, divided in eight blocks of 1.25Mhz each. The auction earned the government a fourth of the estimated Rs.40,000 crore it had targeted to raise.
Comment E-mail Print Share
First Published: Thu, Jan 03 2013. 01 44 PM IST
More Topics: 2G | EGoM | spectrum auction | telecom |
blog comments powered by Disqus
  • Wed, Oct 22 2014. 09 49 PM
  • Wed, Oct 15 2014. 11 40 PM
Subscribe |  Contact Us  |  mint Code  |  Privacy policy  |  Terms of Use  |  Advertising  |  Mint Apps  |  About HT Media  |  Jobs
Contact Us
Copyright © 2014 HT Media All Rights Reserved