3G auctions end, Govt to get around Rs 70,000 cr.
The auction for 3G spectrum has ended today. According to sources the all-India licence was last bid for Rs 17,000 crore. However the winners are not announced yet.
It is learnt that after 34 days of auction, the government is estimated to garner Rs 70,000 crore surpassing its earlier expectations.
The 3G auction had commenced on 9 April, 2010 and there were nine bidders in the fray for the slots of 3G spectrum on the block. The government auctioned three slots in 17 telecom service areas and four slots in the remaining five states of Punjab, Bihar, Orissa, Jammu and Kashmir and Himachal Pradesh.
Nine leading mobile operators, including Bharti Airtel, Vodafone, Reliance Communication, Tata Teleservice, are figthing to grab spectrum. The government is selling three blocks of spectrum in most of the states with four slots in five states of Punjab, Bihar, Orissa, Jammu and Kashmir and Himachal Pradesh.
The bid price for Mumbai and Delhi is close to other over Rs 2,700 crore as against the reserve prices of Rs 320 crore for each circle.
The auction for the 3G spectrum allocation is over., after a fierce bidding of 34 days. The all-India licence was last bid for Rs 16,751 crore. The government has garnered revenue worth Rs 67,719 crore.
The 3G auction had commenced on 9 April and there were nine bidders in the fray for the slots of 3G spectrum on the block. The government auctioned three slots in 17 telecom service areas and four slots in the remaining five states of Punjab, Bihar, Orissa, Jammu and Kashmir and Himachal Pradesh.
After 34 days of hectic bidding, the auction for the 3G spectrum allocation is over. The all-India licence was last bid for Rs 16,751 crore.
Bharti has paid the maximum amount of Rs 12,295.46 crore for 13 circles. Vodafone has got nine circles for Rs 11,618 crore. Reliance Communication has paid Rs 8,600 crore for 13 circles, Idea Cellular pocketed 13 circles for Rs 5769 crore and Tata Teleservices has got nine circles for 5864.29 crore.
In Mumbai and Delhi, R-Comm, Vodafone and Bharti are the winners. Aircel, Vodafone and R-comm are the winners in Kolkata.
It is learnt, the government is estimated to garner Rs 67,719 crore surpassing its earlier expectations.
Source: moneycontrol.com
Thanks,
Nimesh.
No comments:
Post a Comment