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2015 Spectrum Auctions Day 10: Bids rise to Rs 1.02 lakh crore

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Total bids for spectrum across the 800 MHz, 900 MHz, 1800 MHz and 2100 MHz bands after 61 rounds at the end of Day 10 (pdf) rose to Rs 1,02,215 crore from Rs 1,01,432 crore on Day 9. The Department of Telecom (DoT) mentioned that over 87% of the spectrum has been provisionally allocated to bidders till date.

Activity in the 900 MHz band, which had attracted a flurry of bids during the first few days of the 2015 spectrum auctions, has considerably slowed down. On Day 10, there was no excess demand for spectrum in the 900 MHz band. Only the West Bengal telecom circle saw bids for all 22 available blocks, and its reserve price has been increased by Rs 0.39 crore for the next round of bidding.

On the other hand, activity in the 800 MHz band continues to be high after a slow start. There was excess demand for spectrum in the Andhra Pradesh, Madhya Pradesh and North East circles on Day 10, similar to Day 9 (pdf) which saw excess demand in the Haryana circle as well. In fact, there has been excess demand for 800 Mhz spectrum in the Madhya Pradesh circle for 4 consecutive days now. Because of the excess demand for 800 MHz spectrum, reserve price for Andhra Pradesh, Madhya Pradesh and North East circles has been increased by Rs 11.48 crore, Rs 8.73 crore and Rs 1.29 crore respectively in the next round of bidding.

Just like Day 9, there was excess demand for 1800 Mhz spectrum in the Haryana and Himachal Pradesh circles. Reserve prices in these two circle has been increased by Rs 0.26 crore and Rs 0.02 crore respectively for the next round. The Haryana circle has been witnessing excess demand for 1800 MHz spectrum from Day 6 till now.

After some bids for spectrum in the 2100 MHz band on Day 7 and Day 8, there have been no bids in the band on Day 9 and Day 10.

Note that DoT hasn’t revealed names of any of the successful bidders, because a case is currently pending in the Supreme Court. The next hearing of the case is scheduled for March 26.

Also Read:

2015 Spectrum Auctions Day 8: Bids cross Rs 1 lakh crore mark

2015 Spectrum Auctions Day 7: Bids rise to Rs 96,000 Cr after slight dip yesterday

2015 Spectrum Auctions Day 6: 83% of spectrum has been provisionally allocated so far

Spectrum auctions day 1: bids worth Rs 60,000 cr made in all four bands

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