Commission rejects TRAI pricing for 3G spectrum

7 Jan 2015

India’s Telecom Commission has rejected the Telecom Regulatory Authority of India’s (TRAI’s) price recommendations for 3G spectrum in the upcoming auction, the Economic Times reports. The TRAI had suggested a reserve price of INR27.2 billion (USD427.5 million) per MHz of pan India spectrum in the 2100MHz range, but this was rejected by the commission, which called for a review of the proposal. Meanwhile, an internal Department of Telecommunications (DoT) committee has suggested fixing the reserve price at INR38.99 billion per MHz, an unspecified source was cited as saying. The base price may prove to be of little importance in the long run however, as with just 5MHz of 2100MHz spectrum available in 17 circles, the competition for 3G spectrum is expected to be fiercely contested.