68 rounds of bidding

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2G Spectrum (900Mhz and 1800Mhz) Auction Ends, 9 Circles reported unsold in 1800 MHz

India’s 2G spectrum auction today ends with 68 rounds after 10 days, Government is likely to get total Rs.61,150 crore as upfront payment. Eight telecom companies participated in the auction which include largest mobile service provider Bharti Airtel, Vodafone, Idea Cellular, Uninor, Reliance Communications, Tata Docomo and new entrant – 4G operator Reliance Jio Infocomm. The government had set a target of Rs. 40,874 crore for this fiscal year (FY14)… Read More

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