<h1>India Cuts 800 MHz Spectrum Reserve Price by 50% to Boost Telecom Expansion After No Bids in 2012 Auction.</h1> The Union Cabinet of India approved a revised reserve price for the auction of the 800 MHz spectrum band (CDMA) after no bids were received in November 2012. The reserve price was reduced by 50% from the previous rate set in August 2012. Existing operators holding spectrum in this band will be charged the revised reserve price from January 1, 2013, until an auction-determined price is available. Payments made at the reserve price will be adjusted once the auction price is established. These measures aim to enhance the efficient use of spectrum and support telecom service expansion in the country.