Spectrum auction: Bids worth Rs53,531 crore received on day 1 - News Summed Up

Spectrum auction: Bids worth Rs53,531 crore received on day 1


The 2100 Mhz used for 3G services saw demand in 9 out of 22 telecom circles including Delhi, Rajasthan, Bihar, and UP East. The auction of airwaves on Saturday saw total bids worth around Rs.53,531 crore at the end of five rounds of bidding, official sources told PTI. The 2100 Mhz used for 3G services saw demand in 9 out of 22 telecom circles including Delhi, Rajasthan, Bihar, and UP East. The spectrum band of 2300Mhz and 2500Mhz which went under the hammer after six years also witnessed demand in various circles. The 800 Mhz band saw activity in circles of Gujarat, Punjab, UP (East) and Rajasthan.


Source: Mint October 01, 2016 17:03 UTC



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