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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…

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