Department of telecom announce 2G spectrum auction results for various telecom circles which ended at just Rs 9,407 crore, much bellow than what was expected as Rs.40,000 crore. There were no bids for Delhi, Mumbai, Karnataka and Rajasthan circles.
Reserve price was set at Rs. 14,000 crore for 5MHz of 2G spectrum and total 144 blocks of spectrum was set to bid but only 101 blocks got bid. Due to higher reserve price of GSM spectrum, telecom operators did not participate in 2g spectrum license auction.
Idea and Telenor (uninor) won in 6 circles each, Vodafone and Bharti Airtel participate in the auction for additional license which will improve their services and Vodafone won additional airwaves in 14 circles and Airtel 1 one circle.
57% spectrum remained unsold and auctions exceeded base price only in Bihar.
Telecom circelwise 2g spectrum auction report:
|Operators||Telecom Circle won|
|Telenor (Uninor)||Maharashtra ,Andhra Pradesh , UP- East, UP – West, Bihar, Gujarat|
|Ideacellular||Orissa, Assam, Bihar, J&K, Kolkata, North East, Tamilnadu, West Bengal|
|Videocon||Bihar, Gujarat, UP – East, UP – West, Haryana, Madhya Pradedsh|
|VodafoneIndia||Assam, Maharashtra, , Orissa, Punjab, Bihar, Haryana, Himachal Pradesh, J&K, Kerala, Madhya Pradesh, North East, UP East, UP West, West Bengal|