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BWA Auction, Pan-India Price Is Rs. 11518 Cr On Day 13; 69% Of 3G Price

The average price increase per round on Day 13 of India's Broadband Wireless Access Auction went up for the third day in a row to Rs. 86.58 crore per round. At the end of the 10 rounds held on the day, the pan-India spectrum price was Rs. 11517.90 crore, up 8.13% from day 12. What's remarkable is that though the base price of BWA spectrum was half of that of 3G, the BWA pan-India spectrum price is now 68.76% of the final Pan-India 3G spectrum price. The pan-India price is now 6.582 times the base price of Rs. 1750 crore, up Rs. 9767.90 after 102 rounds. The average price increase per round has been Rs. 95.76 crore The Indian government stands to make at least Rs. 34,553.70 from the BWA auction - Rs. 23,035.80 crore from the private telecom operators, Rs. 7582.70 crore from BSNL, and Rs. 3935.20 crore from MTNL. Remember that, yesterday, MTNL issued a tender notice seeking a loan of Rs. 4000 crore to pay for BWA spectrum. - Excess demand was reported for Delhi, Mumbai, Kerala, Madhya Pradesh, Himachal Pradesh, Bihar and Orissa. Surprisingly, the circles of Maharashtra, Gujarat and Andhra Pradesh reported deficient demand - Delhi & Mumbai together account for 34.17% of the total bid price - Price of Delhi went up Rs. 183.89 crore to Rs. 1942.18 crore, while Mumbai went up Rs. 188.72 crore to Rs. 1993.02 crore. - Delhi, Mumbai, Karnataka, Tamil Nadu and Andhra Pradesh account for 69.98% of the total…

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Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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