SPECTRUM AUCTION

  • Telecom spectrum auction ends, government raises record Rs 1.10 trillion March 26, 2015

    New Delhi: Government raised a record Rs 109,874.91 crore in the country's biggest and the fiercest auction of telecom spectrum that ended on Wednesday, triggering fears of hike in call and data rates. Incumbents Airtel, Idea and Vodafone bid aggressively to protect their businesses as new players like Reliance Jio...
  • Spectrum auction ends with bids about Rs 1.10 lakh crore March 25, 2015

    New Delhi: India's biggest telecom spectrum auction ended on Wednesday after 19 days of fierce bidding that fetched about Rs 1.10 lakh crore to the government. "The auction has concluded," an official source said. The auction for airwaves in four bands ended after 115 rounds of bidding, a source said. The...
  • Spectrum auction kitty rises to Rs 1.07 lakh crore March 21, 2015

    New Delhi: The government's telecom spectrum auction kitty on Saturday rose to Rs 1.07 lakh crore with provisional allocation of 88 per cent airwaves at the end of day 16. The amount of bids received on Friday stood at Rs 1.05 lakh crore while it was Rs 1.09 lakh crore on...
  • Mobile operators stare at costly victory as spectrum auction sale ends March 18, 2015

    Mumbai: Cellphone operators are snatching up precious bandwidth in the latest telecom auction, paying top dollar for spectrum to roll out high-speed coverage across India. The fear among investors is that the companies' balance sheets may now be under pressure. The government had raised a record Rs 1,07,000 crores ($17.07...
  • Day 12: Spectrum auction bids reach Rs 1,07,000 crore March 18, 2015

    New Delhi: The government's spectrum auction kitty on Tuesday rose to Rs 1,07,000 crore at the end of 12th day of the biggest sale of 2G and 3G airwaves. As per the Department of Telecom (DoT), about 88 per cent spectrum has been provisionally allocated to telecom firms at the...
  • Spectrum auction bids reach Rs 1,03,046 crore at the end of day 11 March 16, 2015

    New Delhi: Government's spectrum auction kitty on Monday rose marginally to Rs 1,03,046 crore at the end of 11th day of the biggest sale of 2G and 3G airwaves. There was no bidding activity for 2100 MHz, used for offering 3G services, today. As per the Department of Telecom (DoT), over 87...
  • Spectrum auction garners bids worth Rs 86,000 crore on day 4 March 8, 2015

    New Delhi: Government has got commitments of Rs 86,000 crore from telecom players at the end of fourth day of spectrum auction -- crossing the targetted minimum amount of Rs 82,000 crore from the ongoing sale of 2G and 3G airwaves. The auction will resume on Monday morning as there is...
  • Spectrum auction garners bids worth Rs 77,000 crore at the end of third day March 7, 2015

    New Delhi: Government has garnered bids worth around Rs 77,000 crore at the end of three days of spectrum auction as telecom operators continued to bid aggressively. "The bidding has taken place in all bands. At present, a value of approximately Rs 77,000 crore has been committed by bidders in respect...
  • Spectrum auction begins; government eyeing over Rs 80,000 crore revenue March 4, 2015

    New Delhi: The much awaited spectrum auction, wherein eight companies are bidding to acquire airwaves in four bands, started on Wednesday. The auction is the biggest ever sale of 2G and 3G airwaves which may fetch the government over Rs 82,000 crore. A total of 380.75 MHz of spectrum in three...
  • Spectrum auction for 4 bands to start on Wednesday March 3, 2015

    New Delhi: Department of Telecom will start the biggest ever auction of 2G and 3G spectrum on Wednesday wherein 8 firms will bid to acquire radiowaves in four bands, which may fetch the government over Rs 82,000 crore. The government plans to sell 380.75 MHz of spectrum in three bands...
  • Finance Ministry proposes levy of tax on all government services March 2, 2015

    New Delhi: The Finance Ministry on Monday proposed the levy of service tax on all services provided by the government and an enabling provision has been proposed in the Finance Bill in this regard. Although the list of services which will incur the service tax has not been decided, telecom and...
  • Airtel, Vodafone and two others apply for spectrum auction February 16, 2015

    New Delhi: Four telecom operators Bharti Airtel, Vodafone, Uninor and Aircel have submitted applications for participating in the upcoming spectrum auction, scheduled to start from March 4. Monday is the last day to submit the applications. Most of the spectrum being put up for the auction is presently held by Airtel,...
  • Here's why your mobile phone bills may go up February 9, 2015

    New Delhi: Auction of telecom spectrum due on March 4 may burn a hole in the pockets of the operators and may increase call and data charges, experts have opined. "This will be a very big and interesting auction. Operators whose licences are expiring will be bidding hard to secure their...
  • India postpones mobile spectrum auction to March 4 January 28, 2015

    New Delhi: The government has postponed the auction of mobile phone spectrum through which it is expected to raise $10 billion until March 4, according to a government notice on Tuesday. The auction was slated to start on February 25. The last date of submission of applications by Indian mobile operators has...
  • Spectrum auction for 2G, 3G networks to start from February 25 January 10, 2015

    New Delhi: The next round of spectrum auction for 2G and 3G networks will be held from February 25, through which the government targets to garner at least Rs 64,840 crore. A notification was issued by the Department of Telecom in this regard late Friday night. The spectrum auction will be held...
  • DoT for commencing spectrum auction from February 23 November 18, 2014

    New Delhi: Spectrum auction for mobile services is expected to start from February 23, a few days later than suggested by a ministerial group, according to official sources. The inter-ministerial group, formed to work out modalities for the next round of auction, had suggested February...
  • TRAI proposes 10 per cent hike in spectrum auction reserve price October 15, 2014

    New Delhi: The Telecom Regulatory Authority of India (TRAI) on Wednesday recommended around 10 per cent hike in the reserve price for 1800 MHz band spectrum auction compared to the last winning price in the February 2014 sale. "In the 900 MHz band, only the spectrum held by them is available...
  • Spectrum auction begins, government expects to collect at least Rs 11,000 crore February 3, 2014

    The third round of spectrum auction started on Monday with eight telecom companies in fray, from which the government expects to garner at least Rs 11,300 crore. "The auction started at 9 am today," an official source said. The Department of Telecom has put on block around 385 MHz of radiowaves in...
  • Airtel, Vodafone, RJIL, 5 others apply for spectrum auction January 16, 2014

    New Delhi: Bharti Airtel, Vodafone and a surprise entrant Reliance Industries are among the 8 telecom operators that have applied for bidding in the next month's spectrum auction through which the government is expecting at least Rs 11,300 crore. Tata Teleservices, Idea Cellular and Anil Ambani Group's Reliance Communications were the...
  • EGoM to discuss spectrum auction, M&A policy today November 22, 2013

    The Empowered Group of Ministers on telecom, headed by Finance Minister P Chidambaram, is likely to discuss on Friday the details of the third round of spectrum auction as well as M&A guidelines for the sector. "All issues related to spectrum auction which includes its views on base price, schedule of...
  • Spectrum auction expected in January, revenue target at Rs 11,000 crore September 24, 2013

    The Department of Telecom is likely to conduct the third round of spectrum auction by January and expects to garner a minimum revenue of about Rs 11,000 crore this fiscal, a top official said. Replying to a query on expected timeline for the next round of spectrum auction, Telecom Secretary MF...
  • Government eyes Rs 11,000 crore revenue through spectrum auction September 24, 2013

    New Delhi: The Department of Telecom is likely to conduct the third round of spectrum auction by January 2014 and expects to garner a minimum revenue of about Rs 11,000 crore this fiscal, a top official said. Replying to a query on expected timeline for the next round of spectrum auction,...
  • Recommendations for third round of spectrum auction soon, says TRAI August 26, 2013

    The recommendations for valuation and reserve price for the third round of spectrum auction would come "very shortly", regulator TRAI Chairman Rahul Khullar said on Monday. "The recommendations will come very shortly," said Khullar during an open house discussion on the matter here. Asked about the timeline, he said, "You can see...
  • Montek favours lower reserve price for spectrum April 11, 2013

    New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday said the benchmark price for spectrum auction is "unrealistic" and favoured lowering of reserve price as the previous two attempts to sell airwaves were "unsuccessful". "Spectrum is a national resource. We had two unsuccessful attempts to auction it. It's quite...
  • No extension of licences in three key zones: Vodafone March 23, 2013

    Mumbai: The government has rejected a request by a unit of Vodafone Group Plc's to extend its mobile phone licenses in three key service areas, the operator said, escalating a feud between carriers and the Centre in the world's secondbiggest mobile phone market. The telecommunications ministry has asked Vodafone India Ltd...
  • 'Spectrum auction ends; no bids for Mumbai, Maharashtra, UP East' March 11, 2013

    New Delhi: The government will get around Rs 3,639 crore from the 2G spectrum auction for CDMA services, which ended on Monday with Russian conglomerate Sistema's Indian unit SSTL being the only bidder. However, the government may not get any upfront payment as Rs 1,626 crore has to be adjusted against...
  • 2G spectrum auction: SSTL puts in bids worth Rs 3,639 cr till 2nd round March 11, 2013

    New Delhi: The government has received bids worth Rs 3,639 crore from lone bidder Sistema Shyam Teleservices (SSTL) till the second round of the 2G spectrum auction for CDMA services. Sources said bids were received for three blocks in each of eight circles, including Delhi. There was no bid for...
  • 2G spectrum auction: SSTL bids for 8 circles March 11, 2013

    New Delhi: Lone bidder Sistema Shyam Teleservices (SSTL) on Monday bid for eight circles in the 2G spectrum auction for CDMA services. The second round of auction is underway and it is expected that it will end by the third round, which could be the shortest online sale of radiowaves...
  • 'Uncertainty will be resolved, spectrum will be auctioned' March 1, 2013

    New Delhi: Finance Minister P Chidambaram on Thursday expressed confidence that the present uncertainty in the telecom sector will be resolved and spectrum will be auctioned. "For the present there is lot of uncertainty about auction but I am sure that this uncertainty will be resolved and spectrum will be...
  • Spectrum auction base price too high in India: Vodafone CEO February 27, 2013

    Barcelona: Vodafone, which has not applied for taking part in spectrum auction in March, on Tuesday said the reserve price set is too high and the company cannot afford to pay in India where there is uncertainty about airwaves and revenues are low. "The problem is that in India there...