April 30,2016:Inter-ministerial panel Telecom Commission chosen auctioning of all spectrum accessible at base price recommended by regulator Trai, which could raise the exchequer around Rs 5.36 lakh crore.

The panel has also preferred that companies charming spectrum in higher frequency bands -- above 1Ghz like 1800 Mhz, 2100 Mhz, 2300 Mhz -- should make 50 % upfront payment and rest in 10 years after a 2-year moratorium. Previous, companies were given option to make 33 % upfront payment.

For spectrum below 1Ghz band such as 700 Mhz, 800 Mhz, 900 Mhz, companies will require to pay 25 per cent and rest in 10 years after a 2-year moratorium. There has been no change in earlier practice of government.

The recommendation of Telecom Commission will be placed before the Cabinet for final agreement based on which rules for auction to be held in July will be framed.

The panel postponed the result on annual spectrum charges.