Spectrum price

New Delhi, Dec. 13: The cabinet today approved the proposal by the empowered group of ministers on telecom to cut the reserve price of spectrum in the 1,800MHz band by 30 per cent in four circles that did not attract bidders in the auction held last month.

"The cabinet also approved the panel's proposal to set the auction reserve price of the more efficient 900MHz band airwaves at twice that of the spectrum in the 1,800MHz band," sources said.


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