DoT issues NIA for 4G spectrum auctions to be held from March 1, 2021

The Department of Telecommunications (DoT) has issued a notice inviting applications for the forthcoming 4G spectrum auctions to be held from March 1, 2021. In the auctions, spectrum in seven frequency bands – 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz – will be offered to telcos for a validity period of 20 years. All companies willing to participate can submit their applications by February 5, 2021. Following the auctions, the successful bidders will have to make payments within 10 days. Earlier, on December 16, 2020, the cabinet cleared the sale of 2251.25 MHz of spectrum across seven frequency bands at a reserve price of Rs 3.92 trillion.