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2G Auction Day 9: Focus Shifts To 1800MHz; Assam Is More Than 3x Higher Of Reserve Price

Our coverage of the 2G Auctions is brought to you by OnMobile Global, India’s leading Mobile Value Added Services [VAS] company On day 9 of India’s 2014 2G auctions, bidders seems to have shifted their focus to the 1800MHz band with Delhi circle witnessing excess demand in the 1800MHz band while Assam is continuing to witness excess demand in the same band during the day. In contrast, the demand and the spectrum prices remained unchanged in all the three circles in 900MHz band. This however isn't indicative of any future trends since the bidders usually change their strategy in every round. Here’s a lowdown from Day 9: 900 MHz (Block size is 1 MHz) - All the three circles continued to be in deficit demand by the end of round 56. -The price of spectrum in Delhi remained unchanged at Rs 748.36 crore, which is 107.9% higher than its base price. The provisional winning price for the circle also remained the same at Rs 740.96 crore due to deficit demand in the last (49th) round yesterday. - Price of spectrum in Kolkata remained unchanged at Rs 196.57 crore, 57.3% higher than the base price while the price of spectrum in Mumbai also remained the same at Rs 568.72 crore, 73.4% higher than the base price. Its worth noting that Kolkata's spectrum price has remained unchanged for the second consecutive day while Mumbai's spectrum price has remained the same for the fifth consecutive day. 1800 MHz (Block size is 200 KHz) -…

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