DoT to declare final spectrum auction result within two days

On 14 Nov, DoT had declared the provisional result which showed that the auction had fetched Rs.9,407.64 crore
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First Published: Wed, Nov 21 2012. 08 24 PM IST
The government is required to finally accept and approve the provisional result of auction, according to the procedure. Photo: Satish Kaushik/Mint
The government is required to finally accept and approve the provisional result of auction, according to the procedure. Photo: Satish Kaushik/Mint
Updated: Wed, Nov 21 2012. 08 33 PM IST
New Delhi: The department of telecommunications (DoT) is likely to declare final results of the recently concluded auction of 2G mobile phone spectrum in the next couple of days.
“It (final auction result) will be done within a day or two,” DoT officials said.
On 14 November, DoT had declared provisional auction result, which showed that the government had fetched a revenue of Rs.9,407.64 crore.
The government is required to finally accept and approve the provisional result of auction, according to the procedure. The final result is expected to be the same as the provisional one.
Telecom operators which have won spectrum will be asked to make payments within 10 days of the declaration of the final result.
Another DoT official, who is closely involved in the process, said that the inter-ministerial group that was monitoring the auction has submitted its report and now it is for the higher authority to approve it.
The official said that it has taken more time to declare the final result as compared with the case of 3G auction because of public holidays in between.
According to the provisional result, Vodafone India Ltd emerged as the biggest winner getting additional spectrum in 14 circles of Jammu and Kashmir, Assam, Himachal Pradesh, Uttar Pradesh (East), Uttar Pradesh (West), Madhya Pradesh, West Bengal, Haryana, Bihar, Kerala, Orissa, north-east, Punjab and Kerala.
Norway’s Telenor-promoted Telewings Communications Pvt. Ltd had bid the most in value terms. The company will have to pay Rs.4,018 crore for the airwaves.
The department will also declare a formula for payment by telecom operators whose permits were cancelled by the Supreme Court and are eligible to get a refund of licence fee they paid for the quashed permits, the officials said.
“The refund will be only through adjustment (in the final auction amount),” DoT official said.
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First Published: Wed, Nov 21 2012. 08 24 PM IST
More Topics: DoT | spectrum | 2G auction | final results |
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