Mega spectrum sale with 7 bands on auction approved

Q.  Government has given approval for auctions across how many bands in the largest spectrum sale?
- Published on 23 Jun 16

a. 7
b. 6
c. 5
d. 4

ANSWER: 7
 
There will be mega spectrum sale with the Union Cabinet giving a go-ahead to auctions across seven bands.
  • The sale will see the government put around 2,300 MHz of spectrum on sale - the highest-ever in a single auction - which is likely to fetch the exchequer at least Rs 5.5 lakh crore if all the mobile airwaves are sold at the reserve price
  • Telecom Commission - the inter-ministerial panel that is the supreme body on decisions on telecom matters - had suggested a flat 4.5% rate for spectrum acquired across bands at various points in time, a development that would have seen a hike in Mukesh Ambani's soon-to-be-launched Reliance Jio's charge (against the existing 1% in the 2,300 MHz band)
  • The decision was not supported by the Attorney General.

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