The Central Government is reported to have decided to approach the Supreme Court to get the time for 2G Spectrum auction extended from the present September to January 2013 for the final allotment. This is the second time that the DOT is approaching the SC for extension.

Although the proposal for Rs. 18,000 as the base price for 5 Mhrz spectrum was recommended by the TRAI and DOT, on the pressure from the MNCs, foreign governments and also the private telecom companies, the same has been reduced to Rs. 14,000 by the government. Though the spectrum charges are reduced, there will be no reduction of charges on the consumers.

Now the Information Memorandum will be released on 27August, Pre-bid conference will be held on 6 September, Notice inviting applications will be on 1 October, Mock Auction on 6 November and the E-Auction will start from 12 November. The allotment of spectrum to the successful bidders will be given by 30  January 2013. It is expected that the government will receive approximately Rs. 36,000 crore.