Spectrum auction postponed by 20 days, now scheduled for June 25: DoT

The department of telecommunications (DoT) on Tuesday postponed the spectrum auction by 19 days to June 25. This is the second rescheduling of the auction, after it was pushed from May 20 to June 6.

While no official reason was cited, the move is expected to give the new, incoming government more time.

The government plans to auction eight spectrum bands. On February 8, the Union Cabinet had approved the auction of 10,523.15 megahertz (MHz) of spectrum across bands at a reserve price of Rs 96,317 crore.

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