The Auction of Spectrum in 2015
In 2100 MHZ, 1800 MHZ, 900 MHZ and 800 MHZ Bands Continues
61 Rounds of Bidding Completed at the End of Day 10
The
Auction of Spectrum in 2100 MHz, 1800 MHz, 900 MHz and 800 MHz Bands re-
commenced today at 09.00 A.M. and today 6 rounds of bidding were completed.
Till now, 61 rounds of bidding has taken place.
The
bidding is taking place in all bands. Brisk bidding was seen on 10th
day of bidding, with activity requirement set at 100%. There is robust bidding
going on in 1800 MHz, 900 MHz and 800 MHz bands. At the end of 61st round,
about 87% of the spectrum has been provisionally allocated to bidders. The
provisional amount committed by bidders at the end of 61st round is Rs.102215
Crore. Majority of service areas are going at a premium over reserve price. The
competitive bidding is expected to continue. There is still spectrum, which is
yet to be sold. Bidding would recommence on Monday i.e. 16-03-2015 at 9AM.
Detailed
file is attached.
Click here to
see Report:
NNK/MD
(Release ID :117061)