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Policy & Regulation
Day 15: Telecom spectrum auction bids fall to Rs 1,05,000 crore
TT Correspondent |  |  21 Mar 2015

Spectrum auction day fifteen, 6 rounds of bidding were completed on Friday bid reached Rs 1,05,000 crore in all four spectrum bands at the end of till now 92 rounds were completed on the 15th day of the auction.

At the end of day fourteen, 86 rounds of bidding were completed on Thursday, bid reached Rs 1,09,000 crore, bid for the spectrum auction on day fifteen, dropped by around Rs 4,000 crore.

88% of the spectrum has been provisionally allocated to bidders at the end of day fifteen, 92 rounds of bidding were completed. This was down from over 89% on Thursday, 14th day of the auction.

The surplus demand in 1800 MHz band, 800 MHz band and also again increase in demand for 900MHz band but in 2100MHz band activity is getting slow down and no bidding for Andhra Pradesh, Mumbai and Delhi circles as well.

At the end of day fifteen in Maharashtra, North East, Madhya Pradesh, Assam and Andhra Pradesh saw aggressively bidding in the 800 MHz band but no bidding continued in Karnataka, Tamil Nadu and UP for 800 MHz band.

In Rajasthan, Uttar Pradesh, Kerala, Odisha, Himachal Pradesh and Assam also saw bidding in 900 MHz as well but no bidding continued in Bihar for 1800 MHz band.

There was also an increased in prices in Himachal Pradesh circle for 1800 MHz band and also increased in demand in Kolkata region as well. The maximum bids of 102 were received for Rajasthan circle and the second highest bids of 85 were received for Tamil Nadu circle as well.

This revenue collected in any auction till now and will help the current government to easily meet its fiscal deficit target of 4.1% of the GDP in this fiscal.

But the Supreme Court also order that the auction results can be declared only with the court's approval has left many uncertain as well.

The order also said that no winner can claim any "equity" just because it won a bid and the next hearing is on March 26.

    
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21 Mar 2015(IST)  
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