New Delhi, January 29: In a surprise move, the government has postponed to the next fiscal auction of spectrum for 3G telephony which was expected to bring in Rs 35,000 crore to the exchequer.
According to senior officials in the Department of Telecom, Law Minister Veerappa Moily, who is member of the EGoM, has opined that the auction should he held when the spectrum is available.
Telecom Minister A Raja could not be contacted immediately for his comments. Officials however, said that the auction is expected to take place in August-September this year. It is pertinent to mention that the Ministry of Defence had agreed to vacate the spectrum only during middle of this year.
–Agencies