Spectrum auction: DoT sticks to Trai prices; Cabinet to take final call

With the department of telecommunications (DoT) not proposing a reduction in reserve prices for spectrum auction, which is likely to take place sometime during the January-March period, it is the Union Cabinet which would decide on the matter when the issue is put up before it.

Sources said that the DoT has prepared a draft Cabinet note in which it has outlined the reserve price for auctions which also includes 4G spectrum, as recommended by the Telecom Regulatory Authority of India (Trai). It has also mentioned that it had asked the Trai to lower the prices but the latter stood its ground.