wordpress blog stats
Connect with us

Hi, what are you looking for?

2015 Spectrum Auctions Day 13: Rs 1.08 lakh crore in the government’s kitty so far

Telecom operators were initially expected to be conservative during the 2015 spectrum auction, but the bids just keep on coming. At the end of Day 13, which saw 6 new rounds of bidding, the government has over Rs 1,08,000 crore in its kitty. Till now 80 rounds of bidding have taken place, and about 89% of the spectrum has been provisionally allocated to bidders. As has been the case over the past few days, most of the activity on Day 13 (pdf) was centered around the 800 MHz band. There was excess demand for spectrum in the Delhi and Maharashtra telecom circles, just like on Day 12, with the exception of the Assam circle. The reserve price for Delhi and Maharashtra circles have been increased by Rs 9.98 crore and Rs 17.74 crore respectively for the next round. Some analysts told The Economic Times that they expect to see bidding in the Odisha and North East circles for spectrum in the 800 MHz band in the following days. In the 1800 MHz band, there was excess demand for spectrum in the Kerala circle, after a slow Day 12. The reserve price for the circle has been increased by Rs 0.16 crore for the next round of bidding. Bidding in the other two bands remained stable, with no excess demand in any of the circles. This is a trend that's expected to continue for the rest of the spectrum auctions, as telcos are looking to pick up spectrum in the comparatively low-priced 800…

Please subscribe/login to read the full story.
Written By

Free Reads

News

Starting now, YouTube videos may buffer or be unavailable if you're using ad-blocking apps.

News

During the antitrust lawsuit hearing, the jury had concluded that Google maintained an illegal monopoly in the Android app distribution market and the Android...

News

This development comes after the US Securities and Exchange Commission (SEC) approved Bitcoin ETFs earlier this year.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ