"telecom"

Both Vodafone and Cairn had challenged the tax demands under bilateral investment protection treaties and initiated the arbitration.

The government will put on auction 2,251 MHz of spectrum in the frequency bands of 700 MHz, 800Mhz, 900 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz.

The decision has been taken up in order to ensure adequate numbering resources for fixed line and mobile services. Telecom regulator TRAI had recommended the move in May this year.