Auction of more BWA spectrum likely this yresr

Auction of more BWA spectrum likely this yresr

NEW DELHI: The Department of Telecom is working on e-auction of further wireless broadband spectrum.

Under pressure from the Finance Ministry to auction broadband spectrum at the earliest, Telecom Secretary R Chandrashekhar told newspersons here that the Finance Ministry has "asked us to expedite the process and we are certainly working on all the aspects involved. We will have to decide the timing of the auction because we will need to try and auction in a manner in which it gives a nationwide footprint."
 
The Finance Ministry had written twice to the DoT to immediately auction wireless broadband spectrum.

Last year, the government had earned over Rs 1000 billion through the auction of 3G and BWA spectrum. 
 
Sale of one block of Broadband Wireless Access (BWA) spectrum could fetch about Rs. 130 billion, a move that would help the government in meeting the deficit target of 4.6 per cent of the GDP.