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Government hoping to raise Rs 5.83 trillion from spectrum auction in 2019

June 14, 2019
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The government is expecting to raise about Rs 5.83 trillion from the upcoming spectrum auctions.

It is reportedly planning to sell about 8,600 MHz of airwaves across multiple frequency bands.

The expectation from the latest round of spectrum auctions that have been a significant source of revenue for the national exchequer in the past comes amid a brutal tariff war the telecom operators are battling.

However, in August 2018, the Telecom Regulatory Authority of India (TRAI) had suggested lowering price bands for selected telecom airwaves to enhance their viability.

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