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Explained: How auction differs from administrative allocation of spectrum

Business Standard LogoBusiness Standard4h ago

Explained: How auction differs from administrative allocation of spectrum - Business Standard

Quick Summary:

Participants submit bids for spectrum licences, with the highest bid winning the licence, which often leads to significant revenue generation for the government.

India’s approach to spectrum allocation has been marred by controversies, particularly with the shift from auction-based allocations to administrative assignments.

In 2012, the Supreme Court mandated auctions as the preferred method for spectrum allocation, a decision heavily influenced by the fallout from the 2G scandal.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 16:21:58 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 748 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23086559

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 337 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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