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BWA Auction, Day 9: Avg Price Increase Per Round Declines; Mumbai Ahead Of Delhi

Despite the minimum activity level at India's Broadband Wireless Auction having been raised to 90%, the average price increase per round unexpectedly continued to decline. During the six rounds of bidding held on Day 9, the average Pan-India price increase per round was down to its lowest ever, at Rs. 62.62 crore. The pan India price increased only Rs. 375.73 crore during the day, up 4.37% since the previous day. A total of 68 rounds of bidding have been completed. The pan-India price for BWA spectrum has gone up to Rs. 8979.87 crore, to close at 413.14% higher than the base auction price of Rs. 1750 crore. Auction Trends - 6 rounds of auction were completed on Day 9, bringing the total number of rounds of bidding to 68. - Pan-India BWA Auction price is Rs. 8979.87 Crore, which is Rs. 7229.87 (413.14%) higher than base price, increasing at the rate of Rs. 106.32 cr per round of auction - On Day 9, the auction price went up by Rs. 375.73 crore, up 4.37% for the day - The pan-India auction price for BWA spectrum is, at the end of day 9 (68rounds), where the pan-India 3G auction price was at the end of 16 days. The 3G auction continued for 34 days and 183 rounds. - Total government revenue from the auction stands at Rs. 26939.61 crore, with Rs. 17959.74 crore from private telecom operators alone - Price for 6 circles did not increase during the day (compared to…

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

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