The Union Cabinet on 9 December 2013 approved the finalization of the reserve price for the auction of spectrum in 1800 MHz band for all service areas. It also finalized the reserve price for auction of spectrum for 900 MHz band in metro in service areas of Delhi, Mumbai and Kolkata.
The cabinet has approved the following points on the recommendation of the Empowered Group of Ministers:
i) The reserve price for 1800 MHz band of 1765 crore rupees per MHz Pan India, which works out to be 8825 crore rupees for 5 MHz Pan India
ii) The reserve price for 900 MHz band of 360 crore rupees, 328 crore rupees and 125 crore rupees per MHz in Metro service areas of Delhi, Mumbai and Kolkata respectively.
The decisions will help in further efficient utilization of the scarce natural resource of spectrum facilitating expansion of telecom services in the country.