The Department of Telecommunications has selected public sector undertaking (PSU) MSTC Limited as auctioneer for conducting the next round of spectrum auction. It has been selected as an auctioneer after qualifying financial bids opened by DoT.
According to industry sources, the DoT has issued the letter of intent to MSTC. The PSU might take around two months to design and develop the software for e-auction of spectrum. With this, the bidding for airwaves can be held in the second half of September 2020 or early October 2020.
MSTC will be handling the spectrum auction for the first time.
Recently, the DoT had said that it will be naming an auctioneer for conducting the next 4G spectrum auction on May 22, 2020.