800MHz spectrum auction unlikely this fiscal: Sources

CNBC-TV18 learns that 800 mega hertz spectrum auction is unlikely this fiscal. This as the government wants to ensure adequate demand for airwaves in the 800 mega hertz band.

The telecom department believes that adequate demand will enable true price discovery for the band, and will not force the government to sell the airwaves at November 2012 prices.

Telecom regulator TRAI is expected to conduct an open house on 800 mega hertz spectrum auction on the January 27.

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