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Govt defers mega spectrum auction by 2 days to Oct 1

 PTI |  2016-08-30 23:13:57.0  |  New Delhi

Heeding to the industry’s demand for starting spectrum auction from an auspicious date, government has deferred the mega sale of mobile frequencies by two days to October 1. “For start of the auction 29th September READ start of the auction 1st October,” the revised Notice Inviting Application for spectrum auction released by the Department of Telecom (DoT) said.

As per the earlier schedule, bids for airwaves was scheduled to start from September 29, which falls during the ‘Shradh’ period, during which rituals are held to pay homage to the dead and is considered inauspicious to start any new work. The Shradhs are followed by Navratras -- a nine-day festival period.
Telecom operators had demanded that the spectrum sale, which is the biggest ever auction, should begin with the start of Navratra festival which is considered auspicious. 

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