Total bids for the spectrum auctions across 800 MHz, 900 MHz, 1800 MHz and 2100 MHz bands after 43 rounds at the end of Day 7 (pdf) rose to Rs 96,000 crore from Rs 92,200 at the end of day 6, reports PTI. The Department of Telecom mentioned that over 84% of the spectrum has been provisionally allocated to bidders till date. DoT also mentioned that there was aggressive bidding in the 1800 MHz, 900 MHz and 800 MHz bands.
This is surprising because based on the DoT’s daily reports on the ongoing spectrum auctions, it would seem that bidding in the 800 MHz band is in fact on the wane. On Day 7, there was excess demand for spectrum in the 800 MHz band in only one telecom circle – Madhya Pradesh. This in comparison to excess demand for 800 MHz spectrum in Assam and Punjab circles on Day 6 and excess demand in Haryana, Delhi, Andhra Pradesh, Assam and North-East circles on Day 5 (pdf). Because of the excess demand for 800 MHz spectrum in the Madhya Pradesh circle, reserve price for the circle will be increased by Rs 6.69 crore in the next round of bidding.
In the 900 MHz band, there was excess demand for spectrum in Assam, North-East and Rajasthan circles. Reserve prices for these three circles will be increased by Rs 0.82 crore, Rs 0.18 crore and Rs 0.90 crore respectively in the next round. The West Bengal circle didn’t witness any excess demand, but there wasn’t any deficient demand either, and it’s reserve price will see an increase of Rs 0.31 crore.
In the 1800 MHz band, which had seen minimal activity during the first couple of days of the spectrum auction, saw significant excess demand in the Kolkata circle. There was excess demand for 1800 Mhz spectrum in the Haryana circle as well. On Day 7, there were bids for 2100 MHz spectrum in Assam and Rajasthan, which has led to an increase in reserve prices by Rs 1.78 crore and Rs 6.45 crore respectively for the next round.
Provisional winning bids in the 900 MHz band currently stand at over 80% of the reserve price, as indicated by this The Economic Times report. In the 1800 Mhz band prices have increased by 36%, by 35.7% in the 800 MHz band and by a mere 4.3% in the 2100 MHz band, so far.