Spectrum Auction

Spectrum buy to increase Bharti Airtel's debt by over Rs 13,300 crore: Moody's

Bharti Airtel, India's largest mobile operator with over 257 million subscribers, won 173.8 Mhz of airwaves for Rs 14,244 crore in the just-concluded spectrum auction.

Oct 12, 2016, 18:15 PM IST

Govt issues demand notes to 7 telcos for spectrum purchase

Government on Monday issued demand notes to seven telecom operators to make payment in 10 days for the spectrum they bought in the just-concluded auction.

Oct 10, 2016, 23:08 PM IST

Tax from IDS to cushion spectrum auction shortfall: Arun Jaitley

Tax collected under the country's biggest black money disclosure will help cushion revenue shortfall from the sale of telecom spectrum and help manage the fiscal situation, Finance Minister Arun Jaitley said on Monday.

Oct 10, 2016, 20:09 PM IST

"Unsold airwaves to be re-auctioned when telcos' fortunes improve"

India said on Friday it will consider re-auctioning mobile phone spectrum that remained unsold in a sale this week when the financial situation of its telecoms companies improves.

Oct 07, 2016, 19:20 PM IST

Spectrum auction flop not to impact fiscal math: Nomura

Japanese brokerage Nomura on Friday said there will be a Rs 32,000-crore shortfall in revenue accretion because of the disappointing spectrum auctions, but it woould not affect the overall fiscal math of the government.

Oct 07, 2016, 18:37 PM IST

Vodafone to fork out Rs 20,280 crore for spectrum buy

Vodafone's investment totals Rs 20,280 crore, of which Rs 10,140 crore is payable upfront.

Oct 07, 2016, 14:00 PM IST

Reliance Jio acquires 269.2 Mhz spectrum for Rs 13,672 crore

Mukesh Ambani-led Reliance Jio has made committment of Rs 13,672 crore for 269.2 Mhz of airwaves in the spectrum auction that ended Thursday.

Oct 06, 2016, 23:33 PM IST

Idea to shell out Rs 12,798 crore to buy spectrum

Telecom operator Idea Cellular will shell out Rs 12,798 crore for buying 349.20 MHz of spectrum in the just concluded auctions.

Oct 06, 2016, 23:22 PM IST

Airtel secures 173.8 Mhz spectrum for Rs 14,244 crore

In the spectrum auction that concluded on Thursday, Bharti Airtel secured secured 173.8 Mhz of airwaves for Rs 14,244 crore.

Oct 06, 2016, 22:59 PM IST

Spectrum auction ends with bids worth Rs 65,789 crore, 60% of airwaves unsold

There were no takers for the expensive 700Mhz and 900 Mhz bands during the course of the five days. The 700MHz band alone was expected to fetch Rs 4 lakh crore for the government.

Oct 06, 2016, 20:53 PM IST

Day 5 of spectrum auction: Govt gets bids worth Rs 63,325 crore so far

Spectrum auction has received bids worth Rs 63,325 crore so far on the fifth day Thursday for around 40 percent of mobile radiowaves put up for sale.

Oct 06, 2016, 15:33 PM IST

Day 4: Spectrum auction gets bids worth Rs 63,500 crore

Spectrum auction on Day 4 ended with a meagre addition of Rs 2,531 crore, taking total bids to over Rs 63,500 crore as almost 60 percent of airwaves, including the premium 4G bands of 700 Mhz and 900 Mhz, remained unsold.

Oct 05, 2016, 22:59 PM IST

Third day of spectrum auction: Govt gets bids worth Rs 59,981 cr so far

Spectrum auction received additional bids worth Rs 3,100 crore on the third day Tuesday to take total commitments to Rs 59,981 crore, leaving two-thirds of total quantum of on-offer airwaves unsold as bidders stayed away from high-cost 700 Mhz and 900 Mhz bands.

Oct 04, 2016, 18:50 PM IST