Connect with us

Finance

Spectrum Public sale: Frequencies assigned to telcos


Each the businesses have paid Rs 2,306.97 crore (Rs 157.38 crore from Bharti and Rs 2,149.59 crore from Jio) to DoT instantly, relatively than in August/ September, 2021.

The Division of Telecommunications (DoT) has assigned spectrum frequencies to profitable bidders of the just lately concluded public sale.

The project was accompanied by a frequency harmonisation train, whereby spectrum blocks assigned to telecom operators within the present public sale have been made contiguous with the spectrum blocks already held by them, wherever doable, in numerous bands in several licensed service areas (LSAs).

The harmonisation of spectrum was achieved in 19 LSAs in 800 MHz band, 8 LSAs in 900 MHz band, 21 LSAs in 1800 MHz band, 3 LSAs in 2100 MHz band, and 16 LSAs in 2300 MHz band. The harmonisation train facilitates extra environment friendly utilisation of spectrum held by TSPs, resulting in improved high quality of service for customers.

As part of the frequency project, the DoT has additionally accepted request of Reliance Jio and Bharti Airtel, for project of instantly out there unsold spectrum blocks instead of spectrum blocks in the identical band and LSA assigned to them from later dates. Each the businesses have paid Rs 2,306.97 crore (Rs 157.38 crore from Bharti and Rs 2,149.59 crore from Jio) to DoT instantly, relatively than in August/ September, 2021.

A complete amount of 855.60 MHz of spectrum in 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, and 2300 MHz bands was acquired by three telcos within the public sale, which lasted for 2 days on March 1 and a pair of. The full quantity payable by the profitable bidders for the overall amount of spectrum acquired is Rs 77,820.81 crore. Of this, an quantity of Rs 21,918.47 crore was obtained as upfront fee from the telcos on March 18, 2021, as per phrases and circumstances of the discover inviting purposes.

Get reside Inventory Costs from BSE, NSE, US Market and newest NAV, portfolio of Mutual Funds, Take a look at newest IPO Information, Greatest Performing IPOs, calculate your tax by Revenue Tax Calculator, know market’s Prime Gainers, Prime Losers & Greatest Fairness Funds. Like us on Fb and comply with us on Twitter.

Monetary Categorical is now on Telegram. Click on right here to hitch our channel and keep up to date with the newest Biz information and updates.



Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *