The Auction of Spectrum in 2015 in 2100 MHz, 1800 MHz, 900 MHz and 800 MHz Bands Continues

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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 7 rounds of bidding were completed. Till now, 74 rounds of bidding has taken place.

The bidding is taking place in all bands. Brisk bidding was seen on 12th 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 74th round, about 88% of the spectrum has been provisionally allocated to bidders. The provisional amount committed by bidders at the end of 74th round is over Rs. 1,07,000 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 tomorrow i.e. 18-03-2015 at 9AM.

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