Tag: Communications and IT Ministry

  • Spectrum bid amount touches Rs 1.09 lakh crore after 110 rounds

    Spectrum bid amount touches Rs 1.09 lakh crore after 110 rounds

    NEW DELHI: The bid amount for the spectrum auctions has touched Rs 109,000 crore at the end of 110 rounds, though bidding remains slow in the 2100 MHz band, which caters to 3G and also showed a dip for the 1800 MHz band.

     

    With 89 per cent of the spectrum having been provisionally allocated to bidders, about 11 per cent of the spectrum still remains. Competitive bidding will continue for the 2100 MHz, 1800 MHz, 900 MHz and 800 MHz bands.

     

    Active bidding continued on the eighteenth day with a majority of service areas going at a premium over reserve price. There was robust auction with 100 per cent activity requirement and activity in new service areas in 900 MHz and 800 MHz bands.

     

    The government had initially expected to reap around Rs 49,000 crore from the auction, though the Communications and IT Ministry sources had later predicted that it would get close to Rs 1 lakh crore.

  • Spectrum bid amount touches Rs 1.09 lakh crore; 11% spectrum available

    Spectrum bid amount touches Rs 1.09 lakh crore; 11% spectrum available

    NEW DELHI: The bid amount for the spectrum auctions has now touched Rs 109,000 crore at the end of 86 rounds on 19 March, even though bidding appears to have slowed down in 2100 MHz (catering to 3G) and 900 MHz.

     

    With this about 11 per cent of the spectrum still remains and hence auction will continue for the 2100 MHz, 1800 MHz, 900 MHz and 800 MHz bands.

     

    Active bidding was still on after six rounds were completed on the fourteenth day with a majority of service areas going at a premium over reserve price.

     

    There is robust auction with 100 per cent activity requirement and activity in new service areas in 1800 MHz and 800 MHz bands.

     

    The government had initially expected to reap around Rs 49,000 crore from the auction, though the Communications and IT Ministry sources had later predicted that it would get close to Rs 1 lakh crore.

  • Spectrum bid continues over Rs 1.08 lakh crore; activity slow for 2100 & 900 MHz

    Spectrum bid continues over Rs 1.08 lakh crore; activity slow for 2100 & 900 MHz

    NEW DELHI: The bid amount for the spectrum auctions has now touched Rs 1.08 lakh crore at the end of 80 rounds on 18 March, even though bidding appears to have slowed down in 2100 MHz, which caters to 3G and 900 MHz. 

     

    With this, about 89 per cent of the spectrum has been provisionally allocated in the 2100 MHz, 1800 MHz, 900 MHz and 800 MHz bands.
     

    Active bidding was still on at the end of the 80th round with six rounds completed on the eleventh day with majority of service areas going at a premium over the reserve price. 

     

    There is robust auction with 100 per cent activity requirement and activity in new service areas in 1800 MHz and 800 MHz bands.

     

    The government had initially expected to reap around Rs 49,000 crore from the auction, though the Communications and IT Ministry sources had later predicted that it would get close to Rs 1 lakh crore.

     

  • Spectrum bid amount continues over Rs 1.03 lakh crore; 3G band activity slows down

    Spectrum bid amount continues over Rs 1.03 lakh crore; 3G band activity slows down

    NEW DELHI: The bid amount for the spectrum auctions has now touched Rs 103,046 crore at the end of 67 rounds on 16 March, even though bidding appears to have slowed down in 2100 MHz, which caters to 3G. 

     

    With this, more than 87 per cent of the spectrum has been provisionally allocated in the 2100 MHz, 1800 MHz, 900 MHz and 800 MHz bands now.

     

    Active bidding was still on at the end of the 67th round with six rounds completed on the eleventh day with majority of service areas going at a premium over reserve price.

     

    There is robust auction with 100 per cent activity requirement and activity in new service areas in 1800 MHz, 900 MHz and 800 MHz bands.

     

    The government had initially expected to reap around Rs 49,000 crore from the auction, though the Communications and IT Ministry sources had later predicted that it would get close to Rs 1 lakh crore.

  • Spectrum bid amount crosses Rs 1.02 lakh crore; under 13% still available

    Spectrum bid amount crosses Rs 1.02 lakh crore; under 13% still available

    NEW DELHI: The bid amount for the spectrum auctions has now touched Rs 102,215 crore with just under 13 per cent spectrum still available for allocation.

     

    With this, over 87 per cent of the spectrum has been provisionally allocated in the 2100 MHz, 1800 MHz, 900 MHz and 800 MHz bands now.

     

    Though the government claimed aggressive bidding was on at the end of the 61st round with six rounds completed on the tenth day, 14 March, the pace appears to have slowed down.

     

    The auction will continue in all bands with brisk bidding in 1800 MHz, 900 MHz and 800 MHz bands.

     

    A majority of service areas are going at a premium over reserve price. With 100 per cent activity requirement and activity in new service areas, competitive bidding is expected to continue today.

     

    The government had initially expected to reap around Rs 49,000 crore from the auction, though the Communications and IT Ministry sources had later predicted that it would get close to Rs 1 lakh crore.