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Telecom spectrum auction

05 Oct 2016

Telecom spectrum auction proceeds clock Rs 63,000 crore by fourth day

Spectrum auction has received bids worth Rs 63,000 crore so far on the fourth day on Wednesday for around 40 per cent of mobile frequencies put up for sale but telecom operators continued to ignore highly priced 4G radiowaves in 700 Mhz and 900 Mhz bands.

Telecom spectrum auction

04 Oct 2016

Telecom spectrum auction proceeds clock Rs 60,969 crore by third day

The much-hyped spectrum auction crawled on the third day today, adding Rs 4,097 crore of bids to take total commitments to Rs 60,969 crore but over 60 per cent of the airwaves remained unsold as premium 4G bands found no takers.

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