India’s Ministry of Defence (MoD) has agreed to return spectrum in the 1800MHz and 2100MHz bands worth a total of INR300 billion (USD4.46 billion), based on the current reserve prices for the airwaves, the Economic Times writes, citing an official source. The MoD will exchange its 15MHz of spectrum in the 2100MHz band in all 22 circles for the same amount in the 1900MHz band, and will also return 201MHz of spectrum in the 1800MHz band. The frequencies will be included in the upcoming auction, increasing the total value of spectrum on offer to INR5.66 trillion.
As previously reported by TeleGeography’s GlobalComms Database, the tender will feature spectrum in the 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, 2300MHz and 2500MHz bands.