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March 25th, 2015 9:03 PM 6 COMMENTS

Spectrum auction ends, total bid amount reaches 1,09,874 crores

Today the largest spectrum auction in the history of Indian telecom ended after 19 days and 115 rounds of bidding. Approximately 89% of the total spectrum put up for sale was sold and the total bid amount reached Rs. 1,09,874 crore. A total of 8 telecom operators including Bharti Airtel, Vodafone India, Idea cellular, Reliance Jio, Reliance communications, Tata Docomo, Aircel and Uninor had participated in the auction. A total... Read More

December 31st, 2014 11:57 AM 5 COMMENTS

Spectrum auction: TRAI recommends 3G spectrum base price at Rs 2,720 cr per MHz pan-India

The telecom regulator, Telecom Regulatory Authority of India (TRAI) has recommended 3G spectrum base price at Rs 2,720 cr per MHz pan-India for to be auctioned in February next year. As the Narendra Modi government planned to conduct 3G spectrum auction along with 2G spectrum sale in 2015. It had asked telecom regulator to expedite the base price recommendations for it. Telecom companies as well as the regulator have been of the... Read More

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