Auction of telecom spectrum concludes after 19 days

Posted on 26th Mar 2015 10:47 am by mohit kumar

New Delhi, March 25 (IANS) After 19 days of rigorous bidding, the auction of airwaves for telecom operators concluded Wednesday, with officials initially placing the figure of cumulative bids at over Rs.100,000 crore.

The auction was conducted for 800 MHz, 900 Mhz, 1800 MHz and 2100 MHz covering both mobile telephony and broadband, including 4G.

Till Tuesday, the government had received cumulative commitments of Rs.109,000 crore from the eight telecom operators in the fray -- Reliance Communications, Reliance Jio, Bharti Airtel, Vodafone India, Tata Teleservices, Uninor, Idea Cellular and Aircel.

A reserve price of Rs.3,423 crore per MHz was fixed for 800 MHz frequency, Rs.3,399 crore for 900 MHz band and Rs.1,425 crore for the 1,800 MHz band. The government also fixed a reserve price of Rs.3,511 crore per megahertz for the frequency for 3G spectrum.

Other news

Who is Dr. Mario Molina, Google is celebrating his 80th birthday through Doodle today

Tech company Google's search engine is used worldwide. Google has the answer to all your question

Asia Cup: Tilak and Rinku have a golden record, the only batsmen with 500+ runs, 40+ average, and 150+ strike rate in T20

In T20 International cricket, Indian batsmen Tilak Verma and Rinku Singh have made a record that

Then no such offer will be available on iPhone, buy 80 thousand phone for only 39 thousand rupees

iPhone 12 On Amazon: If you are looking for the cheapest iPhone deals, then Amazon has got an exc

Rajasthan School Collapse: The School roof collapsed during a prayer meeting in Jhalawar, five children died, and many were buried

A tragic incident occurred in Piplodi village of Jhalawar district of Rajasthan on Friday morning

Hardik-Natasha: Amidst rumors of divorce with Hardik, Natasha left Mumbai with her son, spotted at the airport

Speculations about the divorce of Natasha Stankovic and her husband Hardik Pandya are constantly

'Captaincy skills learned from MS Dhoni', King Kohli made a big disclosure, gave a surprising statement on responsibility

India's star batsman Virat Kohli has made a big disclosure about the captaincy of the team. Kohli

Elli AvrRam: 'How can a monkey know the taste of ginger?' Why did Elli AvrRam say this about Ashish Chanchlani?

Recently, popular YouTuber Ashish Chanchlani and actress Elli Avram posted a cozy photo together,

PM Modi said at ASEAN Summit 2021, India-ASEAN remained the test of friendship even in difficult times of Corona epidemic

Addressing the ASEAN Summit on Thursday, Prime Minister Narendra Modi said that we all have to fa

Which big record can Kohli match Tendulkar's through his fitness, former Indian coach told

Virat Kohli is always compared with Sachin Tendulkar. Sachin Tendulkar has made many records in h

Rahul Gandhi hoisted the tricolor on a water tank: In Karnataka, he said - the Kannada language should be respected; Journey of 925 KM so far

During the Bharat Jodo Yatra in Karnataka, Rahul Gandhi hoisted the country's tricolor by climbin