DoT inching towards spectrum auction as scheduled

New Delhi, Even as the telecom sector is facing heat on the AGR count, Department of Telecom plans to appoint an e-auctioneer next month and take cabinet approval soon after to set the process rolling for the spectrum auction, sources said.

The DoT will stick to the spectrum auction timeline tentatively made and once the e-auctioneer is appointed next month, the process will gather steam in terms of preparedness.

“Worldwide 5G spectrum auction is in the process currently while some have already concluded last year. We have to keep pace with that,” a source said, adding that an internal assessment of the Department has pegged the estimated proceeds at Rs 60,000 crore from the Rs 5.2 lakh crore value of spectrum.