NEW DELHI: The telecom industry on Monday was up in arms over the higher-than-expected base price proposed by sector regulator Trai for auctioning 2G airwaves freed by the cancellation of 122 mobile phone permits by the Supreme Court in February.

Telecom Regulatory Authority of India (Trai) has proposed a reserve price of Rs 3,622 crore for each megahertz of spectrum in the 1,800-MHz band and proposed to double the base price of airwaves in the 800 MHz and 900 MHz bands at Rs 7,244 crore per unit for pan-India bandwidth. For 4G airwaves in the 700-MHz band, it has suggested quadrupling the price to Rs 14,488 crore per unit.