www.WirelessFederation.com/news: A mock auction of 3G spectrum was held by the Indian government. A meeting has also been convened by the government where it will brief the bidders about the aspects of the real auction on Friday.
The aim of the mock auction was to familiarize the nine 3G and 11 broadband wireless access (BWA) bidders with the system and clarify their technical queries about the auction.
The meeting will be attended by Department of Telecom official NM Rothschild, Finance Secretary Ashok Chawla, Home Secretary G K Pillai, Trai Chairman J S Sarma, HDFC Chairman Deepak Parekh, Pratyush Sinha, CVC, and Sam Pitroda, Advisor, infrastructure to the Prime Minister, Telecom Secretary P J Thomas and a host of officials from the department.
Vijaylaxmi Gupta, DoT Member (finance) will chair the meeting. Nine companies have been shortlisted to bid for three-four slots of 5MHz of 3G spectrums while 11 bidders will bid two slots of BWA. Government hopes to collect about Rs 30-Rs 35,000 from the auction of the radio waves. Rs 3500 crore has been fixed as reserve price for a pan-India 3G license and Rs 1,750 crore for BWA.