DoT plans to finalise agency for 4G spectrum auction this week

The Department of Telecommunications (DoT) will finalise an agency for the auction of 4G spectrum this week, with the financial bids slated to open on Monday.

A finalisation of the auctioneer will take place on May 22. This would be from the four companies that have been found to be technically-qualified to place the bids, a source close to the development told BusinessLine.

The four companies shortlisted are: C1 India Pvt Ltd (Haryana), mjunction services Ltd (Kolkata), MSTC Ltd (Kolkata), and e-Procurement Technologies Ltd (Ahmedabad).

The Wireless Planning Finance Wing of the DoT had found the four firms technically sound to conduct the e-bids.