Opening day of spectrum auction fetches bids worth Rs 77,146 crore
It was the first spectrum auction in five years. The government said that the response was better than they had expected. The government had anticipated bids worth Rs 45,000 crore. About 2,308.80 MHz of spectrum in seven bands worth nearly Rs 4 lakh crore at the reserve price was offered for bidding.
Mar 01, 2021, 23:19 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
High spectrum price can hit investments: Vodafone
UK's Vodafone has flagged its concerns about high spectrum pricing, saying it can play a spoilsport for investment into India ahead of its biggest-ever telecom auction.
Feb 23, 2016, 11:39 AM IST
Spectrum auction Day 9: Kitty stands at Rs 1.01 lakh cr
As per the Department of Telecom , the total auction proceeds were Rs 1,02,057 crore till yesterday with sale of about 86 percent of the available spectrum in various bands.
Mar 13, 2015, 22:07 PM IST
Telecom stocks in limelight; Bharti Airtel surges 7%
Telecom stocks, led by Bharti Airtel, were in limelight Tuesday, surging by up to 7 percent in an otherwise weak stock market.
Mar 10, 2015, 19:06 PM IST
Telecom auction gets Rs 60,000 cr bids on first day
The biggest ever auction of 2G and 3G airwaves Wednesday began on a high note with operators making bids worth an estimated Rs 60,000 crore after six rounds of bidding in all four bands.
Mar 04, 2015, 21:57 PM IST
Govt likely to raise Rs 90,000 cr from telecom auction: Crisil
Telecom players will bid aggressively in the forthcoming spectrum auction and the government may be able to raise Rs 90,000 crore through the sale of radiowaves, credit rating agency Crisil said Monday.
Feb 16, 2015, 21:39 PM IST
