The Department of Telecom has postponed the spectrum auction to June 25, extending the start date by 19 days. The auction will cover eight spectrum bands with a base price of Rs 96,317 crore. Reliance Jio, Bharti Airtel, and Vodafone Idea are among the key players, with Jio making the highest earnest money deposit. The auction will use an EMD-based points system, and bidders will have the option to make payments over 20 years and surrender the spectrum after 10 years.
