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Cabinet gives nod to next round of spectrum auction


Cabinet gives nod to next round of spectrum auction
(Photo: Mint)Premium
Cabinet approves Auction of spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands, for a validity period of 20 years
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
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The Union Cabinet on Thursday approved guidelines for the next round of spectrum auction which may begin in the last week of January, said Union Minister Prakash Javadekar.
Cabinet approves Auction of spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands, for a validity period of 20 years. A total of 2251.25 MHz is being offered with total valuation of Rs. 3,92,332.70 crores, said Telecom Minister Ravi Shankar Prasad. ....

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Cabinet Likely To Approve Spectrum Auction Guidelines On Wednesday


BW Businessworld
Cabinet Likely To Approve Spectrum Auction Guidelines On Wednesday
The spectrum auction note has been submitted to the Cabinet. It may come for a decision at Wednesday s meeting
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The Union Cabinet is likely to approve on Wednesday guidelines for the next round of spectrum auction which may begin in the last week of January, sources said.
The upcoming auction may not have radiowaves identified for 5G services.
The spectrum auction note has been submitted to the Cabinet. It may come for a decision at Wednesday s meeting, a source said.
The Telecom Regulatory Authority of India (Trai) had recommended a plan to auction spectrum worth Rs 5.22 lakh crore. However, some of the spectrum frequencies identified by the DoT for auction are being used by the defence ministry and the Department of Space. ....

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Gmail, YT, other Google services back after massive global outage : Bulletin: Business Today


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Gmail, YouTube, other Google services back after massive global outage
Google services including YouTube and Gmail are back after an outage that lasted close to an hour. Users worldwide are now reporting that the services of the tech giant have resumed functionality. YouTube was apparently the last service to have had its glitch rectified, while services like Gmail were reportedly brought back to normalcy faster.
COVID-19 vaccine: Russia s Sputnik V shows 91.4% efficacy
Russia s Sputnik V coronavirus vaccine has shown 91.4 % efficacy, according to data analysis of the final control point of clinical trials. The state-run Gamaleya research centre and the Russian Direct Investment Fund (RDIF) said in a statement on Monday that the calculations were based on the final control point analysis of data obtained 21 days after administering the first dose. ....

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Public WiFi may not be viable way to boost broadband penetration: Analysts


Public WiFi may not be viable way to boost broadband penetration: Analysts
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The public WiFi model, they said, had also lost much of its utility for telcos in tackling network congestion as the latter now have adequate spectrum to address the problem directly, with the situation likely improve with another airwaves sale likely in early-2021.
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Last week, the Union Cabinet cleared a proposal floated by the Telecom Regulatory Authority of India (Trai) to boost broadband penetration through the public WiFi route.
Public WiFi is unlikely to be a viable way to boost broadband penetration in an era of dirt cheap mobile data rates, nationwide 4G networks, generous data allowances and rising smartphone penetration, say industry executives and analysts. ....

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Top stocks to watch — RIL, Airtel, Vodafone-Idea, TCS, Tata Steel, CAMS, NMDC and others


Top stocks to watch RIL, Airtel, Vodafone-Idea, TCS, Tata Steel, CAMS, NMDC and others
Navdeep YadavDec 15, 2020, 08:17 IST
BCCL
Here’s a list of stocks to watch for in trade today.
At 7:40 am, the SGX Nifty was down 0.05%, indicating a lower start for Nifty50. The
US stocks closed lower on Monday as investors weighed vaccine distributions, stimulus progress, and the possibility of new economic restrictions. The Dow Jones Industrial Average closed 185 points lower, and the S&P 500 was down 0.44%.
These are the stocks to watch out for during the trading session today:
NMDC
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The ₹1,378-crore share buyback of the state-owned National Mineral Development Corporation (NMDC) will be starting on December 17 and will remain open till December 31. ....

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