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Govt to get at least Rs 16,750cr from spectrum sale this fiscal

Last Updated: Sunday, February 09, 2014, 18:46

Telecom Secretary MF Farooqui said that there will a realisation of at least Rs 16,750 crore in the current fiscal if operators opt to pay in instalments.

Spectrum bids reach Rs 56,190 cr after 40 rounds of auction

Last Updated: Saturday, February 08, 2014, 18:49

Government has received bids worth Rs 56,190 crore from telecom companies after 40 rounds of bidding on the sixth day of the ongoing spectrum auction Saturday for 900 Mhz and 1800 Mhz bands.

Successful spectrum bidders can raise fund via ECB: Minister

Last Updated: Friday, February 07, 2014, 17:44

The ongoing spectrum auction has seen bids crossing Rs 52,600 crore mark in first five days since it started on February 3.

Spectrum bids reach Rs 54,600 cr after 35 rounds of auction

Last Updated: Friday, February 07, 2014, 11:06

At the end of the fourth day yesterday, telecom companies had jointly made bids worth about Rs 52,689 crore.

4th day of auction: Spectrum bids worth Rs 52,500 cr so far

Last Updated: Thursday, February 06, 2014, 19:13

About Rs 52,500 crore has been offered as of the fourth day of the ongoing wireless spectrum auction Thursday, with metros like Delhi seeing renewed demand for airwaves.

Spectrum auction for 4th day takes off from about Rs 50,000 cr

Last Updated: Thursday, February 06, 2014, 12:02

The spectrum auction started today with excess demand registered in Delhi service area for premium 900 Mhz band and in Assam and Bihar service circle for 2G spectrum.

Spectrum auction: Bids worth Rs 50,000 crore on Day 3

Last Updated: Wednesday, February 05, 2014, 23:59

Aggressive bidding by firms like Reliance Jio, Airtel and Vodafone raked in bids of around Rs 50,000 crore at the end of third day of wireless spectrum auction Wednesday, surpassing landmarks of previous two sales.

Spectrum auction 3rd Day: Auction completes 17 rounds, bidding continues

Last Updated: Wednesday, February 05, 2014, 19:29

The third round of spectrum auction continued to witness aggressive bidding even after completion of seventeen rounds Wednesday with demands for both bands of airwaves on offer continuing to pour in.

Third day of spectrum auction takes off from Rs 45,000 cr mark

Last Updated: Wednesday, February 05, 2014, 10:52

"Auction has started. There are excess demand in 900 Mhz band and we expect the momentum to continue," a DoT official said.

Telecom stocks up 8% on value buying

Last Updated: Tuesday, February 04, 2014, 20:41

Telecom stocks led by Idea Cellular and Bharti Airtel on Tuesday surged up to 8 percent on value buying amid the ongoing mobile spectrum auction.

Spectrum auction Day 2: Govt gets bids worth Rs 45,000 cr

Last Updated: Tuesday, February 04, 2014, 19:30

Teleom companies put in bids worth a total of about Rs 45,000 crore on the second day of the auction Tuesday, with premium 900 Mhz band in Delhi, Mumbai and Kolkata witnessing continuing demand.

Bold step of rationalising spectrum base price worked: Sibal

Last Updated: Tuesday, February 04, 2014, 16:49

Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day, Telecom Minister Kapil Sibal said today.