Day 3 Spectrum Auctions: Aggressive bidding continues between Reliance Jio, Airtel for 900MHz in Delhi, Mumbai

At the end of the day 3 of spectrum auctions, telecom operators are continuing to bid aggressively. The amount of revenue that has poured in as per reports has been expected to go over Rs 50,000 crore. A total of 21 rounds of bidding were completed for all the 22 circles.

The spectrum auction had taken off from the Rs 45,000 crore mark of yesterday. It is the 900 MHz band that continues to attract attention with the 1800 MHz getting attention as well now. Reliance Jio, Airtel continue to be the main contenders in the 900 MHz spectrum.

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In the 900 MHz, Mumbai saw a rise in price by 71.7 percent as compared to the reserve price, Delhi by 59.5 percent and Kolkata by 54.2 percent with Assam and West Bengal circles being the popular ones in 1800 MHz circles.

At the completion of 21 rounds, the government has received bids totaling Rs 20,000 crore for  3 circles of the 900 MHz band and Rs 30,000 crore for the 22 circles of the 1800 MHz band. The reason for 900 MHz band being more popular is that as the signal transmitted in it gives twice the coverage than that in 1800 MHz band.

As a reader do you think Reliance Jio can be a game changer ?

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57 Comments on "Day 3 Spectrum Auctions: Aggressive bidding continues between Reliance Jio, Airtel for 900MHz in Delhi, Mumbai"

 

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sushil Baleswar Singh
June 6, 2016 11:01 am 11:01 AM

mai join krna chata hu

V. Sethuraman Ramanujadhasan
February 9, 2014 3:29 am 3:29 AM

Yes. The trend of higher price in both the band indicates how are regulators are sincere? in pricing the reserve price to the extent of lending a helping band to the private operators. Kudos to the people heading the regulatory bodies and they are to be honoure with BHARAT RATNA for beholding national interest?

Muhawid P B
February 8, 2014 12:02 am 12:02 AM

Saurabh..!

Will jio and uninor enter kerala?

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