  With focus gradually shifting to 1800 MHz band, day five saw the government get Rs.54,600 cr worth bids in spectrum auction.
The Auction of spectrum in the 1800 MHz and 900 MHz band that began on 3rd February 2014, continued on day five today. During the day SEVEN rounds of bidding were completed.
At the end of day five thirty five rounds of bidding have been completed. Bids have been received in all 22 Service Areas in 1800 MHz band and in all 3 Service Areas in 900 MHz band. Bidding has taken place in all the Service Areas in both bands.
Bids in Delhi in the 900 Mhz band touched 90 per cent to Rs.684.68 crore per MHz from a base price of Rs.360 crore. Mumbai and Kolkata, where the same band of spectrum is also available, bidding has been incremental by over 71 per cent at Rs.563.09 crore and 55 per cent at Rs.194.63 crore, respectively.
The demand is high in these three circles as With the licences of incumbent operators like Bharti Airtel and Vodafone expiring in November this year, the demand is high in these three circles.
Day five witnessed satisfactory response in the 1800 MHz band in Assam, Delhi and Uttar Pradesh (West) circles. Demand is the same band in other circles like Uttar Pradesh (East and West), Assam, Jammu and Kashmir and Madhya Pradesh is also picking up.
For the details of the bidding on day FIVE, kindly see the attached PDF file.
Status Day 5 |