DoT completes assigning spectrum to telecom operators

DoT completes assigning spectrum to telecom operators
Representative Image

Department of telecommunications (DoT) Friday completed assigning of spectrum to telecom operators.

These operators had bought airwaves for 4G wireless service in the March auction. As per an official statement, the government has issued frequency assignment letters to bidders.

Among all Reliance Jio Infocomm Ltd paid Rs 2,149.59 crore. While Bharti Airtel Ltd deposited Rs 157.38 crore. This takes the total to Rs 2,306.97 crore received by the government of India for spectrum allocation.

Airtel, Jio and Vodafone Idea Ltd had participated in the two-day spectrum auction which concluded on 2 March.

Alongwith, a spectrum harmonization exercise also took place. This allows efficient use of airwaves leading to improved service quality for consumers.

A total of 2,308.8MHz spectrum was put under the hammer. Out of the seven bands available for auction, demand for 800MHz and 2,300MHz bands was the highest.

Besides, there were no takers for the 700MHz and 2,500MHz bands.

ALSO READ: Gold Weekly Review | Uncertainty Looms Over Gold Prices Due To COVID-19