Our coverage of the 2G Auctions is brought to you by OnMobile Global, India’s leading Mobile Value Added Services [VAS] company Day 5 and day 6 of India’s 2014 2G auctions saw an excessive demand for spectrum in the Assam circle while the Delhi circle saw excessive demand in the 1800MHz band on day 5 and Maharashtra circle saw excessive demand in the 1800MHz band on day 6. However, note that these may not be indicative of future trends since there is typically a change in the bidding strategy in every round. Here's a quick on lowdown on the current status of the 2G auction after the completion of 42 rounds: 900 MHz (Block size is 1 MHz) - Price of spectrum in Delhi has increased by Rs 380.96 crore per block, 105.8% above its base price, to Rs 740.96 crore. The provisional winning price for the circle was however a bit lower at Rs 733.63 crore due to deficit demand in the last (42nd) round on Saturday. Note that the price of spectrum in Delhi is now more than double its base price. Delhi recorded the highest increase during the day, of Rs 49.44 crore, up by 7.15% from the previous days close. - Price of spectrum in Kolkata increased by Rs 71.57 crore per block to Rs 196.57 crore, which is 57.3% higher than the base price. - Price of spectrum in Mumbai remained the same as the previous day: Rs 568.72 crore, which is 73.4% higher than the base price.…
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