DoT Said to Approach TRAI for Auction of New Spectrum Bands, Radio Waves

The Department of Telecom (DoT) is likely to approach the sector regulator Telecom Regulatory Authority of India (TRAI) this week for the auction of a set of spectrum bands as well as radio waves held by permits that are due to expire in 2024, an official source said. DoT is expected to hold the auction in the March quarter of the current fiscal.