Day 8 summary- Total bid amount crosses 1 lac crore, bid received for 2100MHz in UP West circle

towerToday the auction process completed 6 rounds of bidding, bringing the total up to 49 rounds with the total bid amount reaching 102,000 Crore. At the end of round 39 in the 2100MHz band, there was surplus demand in Assam, North East, Rajasthan and UP west circles. In the 1800MHz band, there was surplus demand in Haryana and Kolkata circles. In the 900MHz band, there was excess demand in North East and West Bengal circles. In the 800MHz band, there was excess demand in Madhya Pradesh, Maharashtra and North East circles.

Up till now approximately 86% of the total spectrum put up for auction has been provisionally sold. Among the highest bids in the auction till now have been Rs. 1720 crores for 2100MHz in Tamil Nadu circle, Rs. 1642.36 crores for 2100MHz in Karnataka circle. Rs.1505 crore for 2100MHz in Maharashtra circle. Rs. 1290 for 2100MHz in Gujarat circle and Rs.909.37 crore for 800MHz in Mumbai circle. Circles that have seen no takers till now include Bihar, Karnataka, Kolkata, Tamil Nadu, UP East and UP West in the 800MHz band. And Andhra Pradesh, Delhi and Mumbai circles in the 2100MHz band.

Keep reading TelecomTalk for more updates on the spectrum auction.

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7 Comments on "Day 8 summary- Total bid amount crosses 1 lac crore, bid received for 2100MHz in UP West circle"

 

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Hafi
March 13, 2015 8:59 pm 8:59 PM

Who is bidding for 3G in Kerala

Aravind
March 13, 2015 11:18 am 11:18 AM

Plz say weather any operator had bid for 2100Mhz spectrum in kerala circle?? If yes then who?? If no then any other spectrum was bided in kerala circle by any of the operators??

Matthew George
March 13, 2015 11:16 am 11:16 AM
As per latest review by ET,it is unrecognizable to distinguish who is villain and who is hero. Why i think so is,Reliance Jio is driving the spectrum war i.e. Jio was able to rise spectrum price in 2G band to 80% which is crucial for incumbent players like airtel,Vodafone and Idea. The reasons for such a play by Reliance jio is: 1) To Keep AVOIDs away from price war with Jio in coming years. Means Jio want to avoid the predicted price down as proposed by telecom analysts, at all cost making Jio’s service as ‘upgrading choice’, data prices in… Read more »
shashi
March 13, 2015 2:29 pm 2:29 PM

@George one thing Remaining That heard Yesterday in ET that – Airtel to tie up for 2G with Tata GSM . Where is Article on TT abt this?

js
March 13, 2015 12:18 pm 12:18 PM

+1

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