wordpress blog stats
Connect with us

Hi, what are you looking for?

3G Auction India: Day 9 Bids At Rs. 63.54 Bn, Up 81.55%; Zero Bids For Some

Zero. That’s the number of excessive bids that came in for Category A and Metro circles, during round 52 of India’s 3G Auction, the last round for day 9 of the auction. At Rs. 63.54 billion, the India government is already set to earn 81.55 percent more than the base Rs. 35 billion base amount it had set for pan India spectrum. The bids increased by only 4.72 percent over the Rs. 60.68 billion price at the end of the previous day.

3G Auction India Day 9

Delhi topped the charts with bids of Rs. 7.33 billion, and will start at a provisional price of Rs. 7.41 billion on day 10. Mumbai was second at Rs 6.68 billion, Tamil Nadu at Rs. 6.43 billion, Maharashtra at Rs 6.25 billion, Karnataka Rs. 5.72 billion, Gujarat at Rs. 5.61 billion and Andhra Pradesh at Rs. 5.56 billion. Among Category B circles, Uttar Pradesh  (West) was highest at 2.52 billion, Uttar Pradesh (East) at Rs. 2.40 billion and Kerala at Rs. 2.25 billion.

Multiple circles – Madhya Pradesh, Orissa, Assam and Jammu & Kashmir saw no bids during the last round. Kolkata was the only circle that saw excessive demand, as demand for the rest was either on par with the 3 slots of spectrum available, or lower. With demand flagging, spectrum slots in 11 circles still remain unsold. When bidding resumes on Wednesday, bids for 11 of the 22 circles will see no increment. Note that the bidders can’t control the bid price.

However, while interest appears to be flagging, don’t expect the auction to end soon. CNBC-TV18 reports that the minimum activity level is still low, at 80 percent. In order to keep the bids coming, the auctioneer will now be forced to increase the minimum activity level, and companies will have to bid in order to remain eligible for a win. It’s only once that activity level is at 100 percent, will the real picture emerge. No telling how long this will take, though.

Download the daily auction reports: 20th April / 19th April17th April16th April15th April /  13th April12th April10th April9th April 2010

Advertisement. Scroll to continue reading.

Written By

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

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...


By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

You May Also Like


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ