Spectrum auction 2015 Day 15 summary: Total bid amount dips by 4000 crores, renewed interest in 900MHz band

By March 21st, 2015 AT 1:19 AM

mobile-towerThe auction process completed 6 rounds of bidding bringing the total to 92 rounds till date. At the end of 92nd round, about 88 percent of the spectrum has been provisionally allocated to bidders. The provisional amount committed by bidders at the end of 92nd round is over Rs.105,000 crores which is a dip of 4000 crores since yesterday. At the end of round 92 there was excess demand for 800MHz in North East circle. In the 900MHz band, there was surplus demand in Rajasthan, UP East and UP West circles. In 1800MHz band there was surplus demand in Himachal Pradesh. In 2100MHz, there was no excess demand.

“The bidding is taking place in all bands. Brisk bidding was seen on 15th day of bidding, with activity requirement set at 100 percent. There is robust bidding going on in 1800 MHz, 900 MHz and 800 MHz bands,” the Department of Telecom (DoT) said in a statement. “Majority of service areas are going at a premium over reserve price. The competitive bidding is expected to continue. There is still spectrum, which is yet to be sold. Bidding would recommence tomorrow, that is, March 21, 2015 at 9 a.m,” the statement added.

The statement, however, did not elaborate the reason behind contraction in commitment value by the bidders.

Esmail is our very own in-house spectrum specialist. He is passionate about Telecom, DTH and OTT video streaming apps. When not writing an article, you can find him binge watching shows on Netflix while sipping on a cup of coffee.

guest
2 Comments
newest
oldest most voted
Inline Feedbacks
View all comments

Recent Posts

Tata Sky to Revise Over 25 Regional Channels on September 21 and September 22

Tata Sky, the largest direct-to-home (DTH) operator in India announced that it will revise electronic programmatic guide (EPG) numbers of...

Vodafone Idea to Offer Free ZEE5 Premium Subscription Worth Rs 999 With 5 Prepaid Plans

Telecom operator Vodafone Idea or Vi today announced that its subscribers could enjoy ZEE5 Premium subscription worth Rs 999 at...

BSNL 4G Network Should be ‘Made in India’: DoT

Everyone who has followed the telecom industry closely for a few years now wants BSNL to come out with its...