The Telecom Regulatory Authority of India (Trai) initiated the process to fix the reserve price for 2G, 3G, and 4G spectrum on Thursday. The authority floated a consultation paper seeking comments and counter comments by December 21 and 28 respectively.
The authority on Thursday said that there had been a delay in floating the consultation process as the department had failed to furnish adequate information repeatedly sought by the regulator in the past few months.
"However, to save time the authority has decided to float the consultation process based on the available information," the regulator said.
The department has sought the pricing of airwaves in the 700,800,900,1800,2100,2300 and the 2500 MHz band through its letter dated July 9.
The consultation paper raises key issues regarding quantum of spectrum to be auctioned, spectrum block size, spectrum cap, roll-out obligations, and methods to be used for valuation and estimation of reserve price.