Telecom spectrum auctions

Minister of State for Communications Manoj Sinha on Friday said the next round of spectrum auctions for telecom operators will be finalised by September — and it will be the largest by far with an overall base price of $84 billion. “Spectrum will be auctioned with all fairness.  We are looking at Rs 5.66 lakh crore — that’s the reserve price,” Sinha, who holds independent charge of the ministry, said in his first press conference after assuming office. “If we get more, then well and good,” said Sinha, also a minister of state for railways.

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