Auction of telecom spectrum concludes after 19 days, garners over Rs 1 lakh crore - Times of India
The auction was conducted for 800 MHz, 900 Mhz, 1800 MHz and 2100 MHz covering both mobile telephony and broadband, including 4G.
Till Tuesday, the government had received cumulative commitments of Rs 109,000 crore from the eight telecom operators in the fray — Reliance Communications, Reliance Jio, Bharti Airtel, Vodafone India, Tata Teleservices, Uninor, Idea Cellular and Aircel.
A reserve price of Rs 3,423 crore per MHz was fixed for 800 MHz frequency, Rs 3,399 crore for 900 MHz band and Rs.1,425 crore for the 1,800 MHz band. The government also fixed a reserve price of Rs 3,511 crore per megahertz for the frequency for 3G spectrum.
READ ALSO: Spectrum auction kitty rises to Rs 1.09 lakh crore
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