New Delhi:(Page3 News Network)-After poor response to last monath's 2G spectrum sale, a ministerial panel on telecom today decided to lower the base price by 30 per cent for radiowaves in 1800 Mhz band in four circles, which attracted no bidders, for fresh auction this fiscal.These four circles Delhi, Mumbai, Karnataka and Rajasthan were some of the most expensive circles in last month's 2G spectrum auction.Telecom Minister Kapil Sibal told reporters after the meeting that the reserve price for last month's sale per block in Delhi was 693.06 crore Rs, while the same for Mumbai, Karnataka and Rajasthan was fixed at 678.45 crore rupees,330.12 crore Rs and 67.08 crore Rs.The EGoM also decided to auction spectrum in 900 MHz band in Delhi, Mumbai and Kolkata simultaneously with sale of radiowaves in 1800 Mhz.
