Our coverage of the 2G Auctions is brought to you by OnMobile Global, India’s leading Mobile Value Added Services [VAS] company Demand for spectrum appeared to increase Day 2 of India's 2G auctions of 2014, and circles in both the 900MHz and 1800 MHz blocks appeared to increase. We wouldn't read too much into demand being lower for some circles at the end of the 7th round, because as we saw during the 3G auctions in 2010, telecom operators often tend to pace their bidding. Here’s the lowdown from Day 2: 900 MHz (Block size is 1 MHz) - Mumbai: Price of spectrum increased by Rs 224.05 per block, 68.3% higher than the base price, to Rs 552.05 crore, which is the provisional winning price for this circle. Price increased by Rs 78.81 crore during the 7 clock rounds, 16.7% higher than the previous day. - Delhi: Price increased by Rs 181.34 crore per block, 50.4% higher than the base price, to Rs 541.34 crore. Rs 530.73 is the provisional winning price for this circle, due to deficit demand in the last (14th) round yesterday. Delhi recorded the highest increase in the day, of Rs 112.42 crore, higher by 26.2% from the previous days close. - Kolkata: Price increased to Rs 67.71 crore, 54.2% higher than the reserve price, and 11.3% higher than the previous days close. The provisional winning price is Rs 183.54 crore per block, due to deficit demand. 1800 MHz (Block size is 200 KHz) - Price in Gujarat is…
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