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 6 rounds of bidding were completed. Till now, 43 rounds of bidding has taken place.
The bidding is taking place in all bands. Brisk bidding was seen on 7th day of bidding, with activity requirement set at 100%. There is aggressive bidding going on in 1800 MHz, 900 MHz and 800 MHz bands. At present, over 84% of the spectrum has been provisionally allocated to bidders at a value of approximately Rs. 96,000 crores. 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. 12-03-2015 at 9AM.
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