After 34 days and 183 rounds of intense bidding, India Wednesday concluded its auction of airwaves for private players to start third generation (3G) telecom services in the country, with the exchequer set to gain Rs 67718.95 crores ($15.5 billion).
India Monday concluded 116 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence crossing the Rs.10,000 crore-mark.
India on Monday concluded 16 rounds of auctions to award radio frequency spectrum for third generation telecom services in the country, with a provisional winning price of Rs.4,324.19 crore for a single nation-wide licence.
State-run telecom firms Mahanagar Telephone Nigam Ltd (MTNL) and Bharat Sanchar Nigam Ltd (BSNL) Thursday said they have not sought any concessions from the government on payments they have to make for third generation (3G) spectrum.
Indian stock markets Thursday reacted positively to telecom companies winning precious airwaves for third generation (3G) phone services, with all their scrips trading in the green a day after the conclusion of auctions.
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India Wednesday concluded 94 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence nearing the Rs.9,000 crore level.
The Indian government expects to raise Rs.55,000 crore from the ongoing auctions of radio frequency spectrum for third generation (3G) telecom services and for rolling out broadband wireless internet services in the country, Communications Minister A. Raja said in New Delhi Tuesday.
India has completed 52 rounds of an auction to award radio frequency spectrum for third generation telecom services in the country, with the government expected to get Rs.25,769.82 crore as minimum revenue from the bidding.
India Monday concluded 82 rounds of spectrum auction for third generation telecom services in the country, with Mumbai attracting the highest bid and the provisional winning price for a nationwide licence reaching Rs.8,382.48 crore.
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