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Telecom spectrum auctions to commence today, all you need to know On December 17, 2020, the Union Cabinet had approved a proposal for the auction of 2,251.25 MHz of spectrum worth Rs 3.92 lakh crore at base price. File photo Updated: Mar 1, 2021, 06:07 AM IST The bidding for the sixth round of spectrum auction will commence from Monday (March 1), the centre had said in a notice issued in January 2021. The auction will be for radio waves worth Rs 3.92 lakh crore. On December 17, 2020, the Union Cabinet had approved a proposal for the auction of 2,251.25 Megahertz (MHz) of spectrum worth Rs 3.92 lakh crore at reserve price. “By winning the right to use spectrum through the auction, incumbent telecom service providers will be able to augment their network capacity whereas new players will be able to start their services,” an official release from the government read.

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