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Govt gets Rs 18,267 cr upfront payment for spectrum

Last Updated: Monday, March 03, 2014, 21:45

"All companies have made upfront payment today. Total of about Rs 18,267 crore has been received," Telecom Secretary MF Farooqui said.

Spectrum allocation to winning companies by May: DoT

Last Updated: Sunday, March 02, 2014, 15:00

Airtel, Vodafone, Idea Cellular, Reliance Jio Infocomm, Aircel, Reliance Communications and Telewings (Uninor) have won spectrum in 1800 Mhz band cumulatively for Rs 37,572.60 crore.

Spectrum winners to pay minimum of Rs 18,529 crore by Feb 27

Last Updated: Wednesday, February 19, 2014, 00:50

The Department of Telecom has asked winners in the recent spectrum auction, which attracted bids worth Rs 61,162 crore, to make payments by February 27.

Telecom stocks gain up to 2% after auction

Last Updated: Friday, February 14, 2014, 18:10

Telecom stocks Friday settled with as much as 2 percent gain after the government raised over Rs 61,162 crore from auction of wireless spectrum.

Telecom stocks gain after mobile spectrum auction

Last Updated: Friday, February 14, 2014, 10:53

Idea Cellular rose as much as 6.7 percent, while Bharti Airtel rose 4.8 percent after both won airwaves in premium 900 megahertz band spectrum.

Vodafone, Airtel win spectrum; Govt gets Rs 61,162 cr

Last Updated: Thursday, February 13, 2014, 21:42

Vodafone Group and Bharti Airtel won critical wireless telecom spectrum in metros like Delhi and Mumbai and several other cities in an intensely fought 10- day auction that gave the government over Rs 61,162 crore, far exceeding its own target.

Govt rakes in Rs 61,162 cr from spectrum auction: Sibal

Last Updated: Thursday, February 13, 2014, 21:15

It has ensured a minimum revenue of Rs 18,296.36 crore to the government in the current financial year ending March 31.

Spectrum auction ends; govt receives bids worth over Rs 60K cr

Last Updated: Thursday, February 13, 2014, 17:41

The auction for 900 Mhz and 1800 Mhz bands saw strong contest for the radiowaves among eight telecom companies, with the bidding stretching to 68 rounds.

Spectrum auction bids cross Rs 61,000 cr

Last Updated: Wednesday, February 12, 2014, 21:56

Aggressive bidding was seen on the 9th day of telecom spectrum auction for 1800 Mhz band, taking the total value of radiowaves to Rs 61,093.83 crore Wednesday.

Telecom stocks tank up to 8.5% amid mobile spectrum auction

Last Updated: Monday, February 10, 2014, 20:43

Shares of Idea Cellular tanked 8.43 percent, while Reliance Communications lost 3.95 percent on the BSE.

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.

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.