Day 7 summary: Total bid amount crosses 96,000 Crore, surplus demand for 800MHz in M.P

indiaThe bidding process completed 6 rounds bringing the total up to 43 rounds. The total bid amount crossed 96,000 Crore and it is likely that tomorrow it may cross the 1 lac crore mark. In the 2100MHz band there was a demand for one block each in Rajasthan and Assam circles. In the 1800MHz band there was surplus demand in Kolkata and Haryana circles. In 900MHz band there was excess demand in Assam, North East, Rajasthan and West Bengal. In 800MHz band there surplus demand in Madhya Pradesh circle.

Also read: Spectrum auction 2015 Day 1 report, Spectrum auction 2015 Day 2, Spectrum auction Day 3 report, spectrum report Day 4, spectrum report Day 5, Spectrum report Day 6
The number of fresh bids at increased prices is reducing and things are steadying out. The auction process may only last up to the end of this week. But the results of the auction will not be released till the Supreme court gives its judgement in spectrum renewal case filed by the incumbents. On one hand operators are investing in buying fresh spectrum and on other hand they are rushing to meet the deadlines set by the government for roll out obligations for spectrum won in 2010 auctions. The biggest question that prevails in the minds of the subscribers is the effect of the auction on the calling and data tariffs post auctions.

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