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The Auction of Spectrum in 2015 Recommences

The Auction of Spectrum in 2015 Recommences

The Auction of Spectrum in 2015 Recommences

New Delhi: 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.

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