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2015 Spectrum Auctions Day 17: Govt’s spectrum auction kitty decreases to Rs 1.05 lakh crore

Total bids for spectrum during the ongoing auctions has once again decreased to over Rs 1,05,000 crore on Day 17, from over Rs 1,07,000 crore on Day 16. The Department of Telecom informed that there was robust bidding in the 900 MHz and 800 MHz bands, and about 88% of the spectrum has been provisionally allocated to bidders so far. There were 7 new rounds of bidding on Day 17 (pdf). There was no excess demand for spectrum in the 800 MHz band in any of the telecom circles, however, Bihar and Uttar Pradesh (East) circles witnessed bids for all available slots. The reserve price for these two circles has been increased by Rs 1.07 crore and Rs 1.67 crore respectively for the next round of bidding. There had been excess demand for spectrum in the 800 MHz band in North East circle,…

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