DoT selects MSTC for conducting spectrum auction

New Delhi: The Department of Telecom on Friday selected public sector firm MSTC Ltd as auctioneer for conducting the next round of spectrum sale. According to official sources, the DoT has issued the letter of intent to MSTC.

It may take around two months for MSTC Ltd to design and develop software for e-auction of spectrum that may lead to the start of bidding for airwaves in the second half of September or early October, they said.

“MSTC Limited has been selected as auctioneer after it qualified financial bids opened today,” one of the sources said.