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Policy & Regulation
Day 13: Telecom spectrum auction bids touched Rs 1,08,000 crore
TT Correspondent |  |  19 Mar 2015

Spectrum auction day thirteen, 6 rounds of bidding were completed on Wednesday bid reached Rs 1,08,000 crore in all four spectrum bands at the end of till now 80 rounds were completed on the 13th day of the auction.

89% of the spectrum has been provisionally allocated to bidders at the end of day thirteen, 80 rounds of bidding were completed.

The surplus demand in 1800 MHz band and 800 MHz band but in 900MHz band and 2100MHz band activity is getting slow down.

Shifted from 2G (900 MHz band) to CDMA (800 MHz band) and under new rules, telcos can be used to offer 4G LTE services.

At the end of day thirteen in Delhi, Assam, Madhya Pradesh, Andhra Pradesh, Maharashtra and North East saw aggressively bidding in the 800 MHz band and in Kerala and Himachal Pradesh also saw bidding in 1800 MHz as well. The maximum bids of 85 were received for Tamil Nadu circle and the second highest bids of 75 were received for Punjab circle as well.

Seven licenses each of Idea Cellular and Reliance Communications, four licenses of Bharti Airtel and six licenses of Vodafone will complete their 20-year term in December 2015, after which they have to be renewed.

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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19 Mar 2015(IST)  
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