India's 2G auction of spectrum has turned out to be a bit of a dud: just two days, as compared with 34 days that the 3G spectrum auction took, and it ended raising just Rs 9407 crore, with only five participants, of which only two were among those whose licenses had been canceled. The lowdown: - 102 blocks (of 1.25 MHz of spectrum each) were sold for Rs 9407.64 crores. - Spectrum in 18 circles was won by five telecom operators, although Bharti Airtel only got one, in Assam. - No spectrum was bought for Delhi, Mumbai, Rajasthan, Karnataka circles - Maximum blocks bought: Bihar (11), UP West (10), UP East (9),Gujarat (8), Assam and West Bengal (7 each) - Most expensive circles: Tamil Nadu (Rs 306.09), Andhra Pradesh (Rs 286.91), Maharashtra (Rs 262.81), Gujarat (Rs 224.84) - Telenor has…
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