Spectrum auction Day 9: Kitty stands at Rs 1.01 lakh cr

As per the Department of Telecom , the total auction proceeds were Rs 1,02,057 crore till yesterday with sale of about 86 percent of the available spectrum in various bands.

Telecom stocks in limelight; Bharti Airtel surges 7%

Telecom stocks, led by Bharti Airtel, were in limelight Tuesday, surging by up to 7 percent in an otherwise weak stock market.

Telecom auction gets Rs 60,000 cr bids on first day
Telecom auction gets Rs 60,000 cr bids on first day

The biggest ever auction of 2G and 3G airwaves Wednesday began on a high note with operators making bids worth an estimated Rs 60,000 crore after six rounds of bidding in all four bands.

Govt likely to raise Rs 90,000 cr from telecom auction: Crisil
Govt likely to raise Rs 90,000 cr from telecom auction: Crisil

Telecom players will bid aggressively in the forthcoming spectrum auction and the government may be able to raise Rs 90,000 crore through the sale of radiowaves, credit rating agency Crisil said Monday.

Telecom stocks gain up to 2% after auction

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 EGoM to discuss M&A rules, auctions on Nov 22

"EGoM is scheduled to meet on November 22. Besides auction related matters, the Department of Telecom will place before them the M&A guidelines as recommended by the Telecom Commission," a Telecom Ministry official said.

TC meet deferred, FinMin wants all spectrum rates

An important meeting of inter ministerial panel Telecom Commission, which was to discuss key issues today including spectrum price for the next round of auction and mergers and acquisition guidelines, has been cancelled.

DoT announces third round of 2G GSM auction

Government will hold the third round of 2G GSM spectrum auction for the airwaves that were freed following cancellation of telecom licences by Supreme Court in February last year and were not put for auction.

DoT to conduct third round of 2G GSM spectrum auction soon

The government will conduct the third round of 2G GSM spectrum auction immediately after the bidding for radiowaves ends in March in compliance with last week's Supreme Court order.

Govt banks on auction, customer-centric moves for telecom

The radiowaves not picked up at the auction are now being planned for sale in the second round this fiscal after the lowering of the base price with the hope of attracting bidders.

2G spectrum auction flops; gets a meagre Rs 9,407 crore

Telecom Minister Kapil Sibal told reporters at the end of the bidding, which was a far cry from the 35-day bidding for the 3G spectrum in 2010 that got Rs 67,719 crore.

Muted response to spectrum auction due to high price: COAI

"The limited amount of spectrum, contrary in our opinion to the Supreme Court ruling, was guaranteed to have a very detrimental impact on the auction.

2G auction: Govt receives bids over Rs 9,200 cr on Day 1

Of the 22 telecom circles, which cover the entire nation, bids were received for 18, with Delhi, Mumbai, Rajasthan and Karnataka which had the highest base price drawing a blank.

EGoM recommends one-time fee for telecos

A high-powered ministerial panel headed by Finance Minister P Chidambaram Monday "tentatively resolved" all issues concerning a proposal to levy one-time fee on existing telecom operators, Communications Minister Kapil Sibal said.

EGoM on telecom likely on Jun 20

The Empowered Group of Ministers on telecom, headed by Finance Minister Pranab Mukherjee, is likely to meet on June 20 to decide on spectrum auction related issues.