The Union Cabinet is scheduled to meet today and is likely to approve the guidelines for 4G spectrum auctions which is expected to be scheduled between January and March.
Various players such as Vodafone Idea (Vi), Bharti Airtel, Reliance Jio Infocomm have portions of their 4G spectrum in certain sectors which are due to expire in 2021 and hence there is likely to be some participation for the spectrum in question.
The quantum of spectrum in terms of rupee value that has been determined by the Telecom Regulatory Authority of India (TRAI) is a little over Rs 4.35 lakh crore.
CNBC-TV18’s Ashmit Kumar has more details.
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