Friday, May 21, 2010

India 3G licence ended with bid licence touching Rs 16,751 crore


India 3G Auction winners Results declared. After 83 rounds and 34 days and 1 of intense bidding. The total bid price of Rs 16,750.58 crore on the final day. 3G spectrum auction including amount payable by MTNL and BSNL will earn revenue of Rs 67718.95 crores to the government. The 3G auction for 3G mobile licence ended with RCom, Bharti and Aircel bagging 13 circles each. In this 3G auction no single operator managed to bag all 22 circles on offer.


The Indian government on Friday approved the results of the auction of spectrum for third generation (3G) telecom services and asked the winning firms to make payments by May 31.


The winning firms will be allowed to offer 3G services on a commercial basis from Sep 1.



Source: MediaNama

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