China drying machine Suppliers crore from the auction

The govement expects to raise at least Rs 64,000 China drying machine Suppliers crore from the auction of about 2,300 Mhz of spectrum and Rs 98,995 crore from various levies and services in the telecom sector in this financial year.66 lakh crore mega- spectrum auction will start in 45-50 days. "The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the rates for Spectrum Usage Charge or SUC for various bands of spectrum for which auction is going to be conducted shortly."The weighted average of SUC rates across all spectrum assigned to an operator (whether assigned administratively or through auction or through trading) in all access spectrum bands, including BWA spectrum obtained in 2010 auction, shall be applied for charging SUC, subject to a minimum of 3 per cent of AGR excluding revenue from wireline services," an official release said.

The SUC for telecom operators holding BWA airwaves (2300 Mhz band) in 2010 auction alongwith other set of spectrum will be calculated on the basis of weighted average. Reliance Jio, which bagged airwaves in 2300 Mhz band in 2010 auction, has opposed levying of uniform SUC rate, as suggested by TRAI, as it pays only 1 per cent fee on the BWA spectrum as per the norms fixed for sale at that time. As per the decision, spectrum to be sold in the bands of 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz will attract SUC at the rate of 3 per cent of the Adjusted Gross Revenue.The govement expects to raise at least Rs 64,000 crore from the auction of about 2,300 Mhz of spectrum.

Setting the stage for the country's biggest ever spectrum sale, the Cabinet on August 4 approved 3 per cent annual usage charge for the spectrum to be procured in the upcoming auction. With this, the path is clear for issuance of the Notice Inviting Application for the auctions by the Telecom Department," an official statement said.with respect to the acquisition of rights to use 20 Mhz 2300 band BWA spectrum from Aircel, Bharti Airtel Ltd has now informed BSE that the proposed transaction has been successfully concluded for Orissa circle following the receipt of all necessary approvals and satisfying all the conditions," the company said in a regulatory filing. The spectrum trading deal related to the Andhra Pradesh circle is yet to complete.