The pan-India bid license for broadband wireless access (BWA) spectrum touched Rs12,257 crore on Wednesday (June 09, 2010), after two weeks of auction, which translates into a revenue of Rs36,772 crore for the government from the sale of three slots.
At this bid price, the total revenue for the government from the third generation (3G) and BWA auctions will amount to Rs1.12 lakh crore. The reserve price for the BWA all-India licence was fixed at Rs1,750 crore. The government got Rs67,719 crore from the sale of 3G spectrum.
Among the individual circles, bids for Delhi and Mumbai were at Rs2,101.02 crore and Rs2,152.95 crore respectively. Tamil Nadu garnered a bid of Rs1,931.06 crore, while the Karnataka bid touched Rs1,527.98 crore. Except Delhi, Kerala, Himachal Pradesh and Mumbai, all other circles saw either negative bidding or no bidding.
Friday, June 11, 2010
Pan-India BWA bid at Rs12,257 crore
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