India's auction for 3G GSM Service licence ended today with bids for pan-India licence touching Rs 16,751 crore which ensures the Government of India a revenue of Rs 67,719 crore. The 3G auction had commenced on 9 April, 2010 and there were nine bidders in the fray for the slots of 3G spectrum on the block. The government auctioned three slots in 17 telecom service areas and four slots in... Read More
India's much aviated third generation (3G) mobile services spectrum auction process begins today. According to the latest schedule announced by Ministry of Communications & Information Technology, the Notice Inviting Applications (NIA) will be issued today i.e. February 25, with March 19 given as the last date for submitting applications for 3G Spectrum. On March 26, the ownership details of applicants will be published and mock auctions will be held on... Read More
India’s third generation (3G) mobile services spectrum auction may be delayed by 6 months or being pushed back to next fiscal year from the original date of auction.The Law Minister of India, Mr. Veerappa Moily, who is member of the EGoM (Empowered Group of Ministers), has opined that the auction should he held when the spectrum is available. The 3G auction process was earlier scheduled to begin on Jan 14... Read More
For the second time in a row 3G auction has been delayed,the auction which was originally scheduled to start from January 16 2009 has been delayed due to a proposal by the Finance ministry to double the base price still it’s waiting for the approval from cabinet and a further delay is possible. Potential bidders will now need to submit their applications from January 09 till January 15. DoT will... Read More
3G Auctions will have two stages. Clock stage and Assignment stage in clock stage the winners of a generic lot in each circle are determined where as in assignment stage the specific frequencies allocated to winning bidders in each circle are determined . The clock stage determines a common winning price for a generic lot in each circle where spectrum is available The assignment stage allows winners to bid for... Read More
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