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The Defence Ministry will free spectrum worth a whopping Rs 30,000 Crores

BI India BureauMay 31, 2016, 19:46 IST

The Defence Ministry will vacate telecom spectrum worth Rs 30,000 crores. This will be put up for sale in the auction scheduled to begin in July.

With this, the total value of airwaves to be put up for sale will increase to Rs 5.66 lakh crore - making it the biggest spectrum auction ever in the country.

As a result of spectrum swap agreement between DoT and Defence, 15 Mhz of 3G spectrum in each of 22 telecom circles and 201 Mhz of spectrum in 1800 Mhz band would be available for mobile services.

Telecom ministry had proposed to exchange 15 Mhz spectrum it holds in 1900 Mhz band with same quantum of airwaves held by the Defence in 2100 Mhz band. The 2100 Mhz band is currently used for 3G mobile services.

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