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At the end of Day 16, which saw 5 new rounds of bidding, the total bids increased to over Rs 1,07,000 crore, up from Rs 1,05,000 on Day 15. The Department of Telecom informed that about 88% of the spectrum has been provisionally allocated to bidders, and there was robust bidding going on in the 1800 MHz, 900 MHz and 800 MHz bands.

Day 15 (pdf) had seen a resurgence in bids in the 900 MHz band, with excess demand for spectrum in the Rajasthan, Uttar Pradesh (East) and Uttar Pradesh (West) telecom circles, but on Day 16 (pdf) there was excess demand for 900 MHz spectrum in only Rajasthan circle. The reserve price for the circle has been increased by Rs 2.22 crore for the next round of bidding.

Unlike Day 15, when there was excess demand for spectrum in the 800 MHz band in North East circle, there was no excess demand for spectrum in any of the circles on Day 16. Similarly, in the 1800 MHz band, there was no excess demand in any of the circles, as compared to Day 15 which saw excess demand in the Himachal Pradesh circle.

The spectrum auctions commenced on March 4, with the government setting a target of raising Rs 82,000 crore. 103.75 MHz in the 800 MHz band, 177.8 MHz in the 900 MHz band, 99.2 MHz in the 1,800 MHz band and five MHz in the 2100 MHz band across 17 of the 22 circles are up for grabs during the spectrum auctions.

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:

Spectrum Auctions Day 14: Most activity in the 800 MHz band, as total bids rise to Rs 1.09 lakh crore

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

2015 Spectrum Auctions Day 12: Total bids surpass 2010 level to Rs 1.07 lakh crore

2015 Spectrum Auctions Day 11: Telcos have bid over Rs 1.03 lakh crore so far

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

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