mjunction to conduct biggest spectrum auction starting October 1

mjunction services, a joint venture between steel behemoths Tata Steel and SAIL will be conducting the biggest spectrum auction starting October 1, 2016.

Towards achieving this, the mjunction platform shall keep the identity of all participating bidders, masked through algorithms which shall only reveal the winner details after closure of the final round.

As bidders globally participate in the process, it has been designed to throw up the increased Licensed Service Area (LSA) prices for the next clock round without any manual intervention whatsoever. To enforce security during the bidding process, the bidders will only be allowed to log in through three tiers of security....Read More