Spectrum auction fetches just Rs 65,789 crore on final day

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The India government today revealed that the country’s telecom spectrum auction concluded on Thursday.

A flop show

India’s telecom spectrum auction ended in five days, with the government receiving cumulative commitments of Rs 65,789 crore or nearly $9 billion from telecom operators at the end of bidding on Thursday after 31 rounds.

ALSO READ: Airtel buys 173.8 Mhz spectrum for Rs 14,244 crore

A total 2,354 MHz of spectrum was put on block by the government for auctioning, which they expected to have fetched around Rs 5.66 lakh crore or nearly $85 billion.

The airwaves on the block for telecom operators are in seven bands — 700 MHz, 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz and 2,500 MHz.

The companies participating in the auction were Bharti Airtel, Vodafone India, Reliance Jio Infocomm, Reliance Communications, Idea Cellular, Aircel and Tata Tele — who together furnished a total earnest money of Rs 14,653 crore.

The auction is central to the government realising the revenue target of Rs 98,994.93 crore that has been provided for in the budget against ‘other communications services’ — the bulk of which is scheduled from the fee paid for spectrum, IANS reported.

FINAL STATUS

Spectrum, service area, provisional winning price in INR crore per block

800 MHz

Gujarat 419.31
Punjab 170.86
Rajasthan 289.98
Uttar Pradesh (East) 273.75

1800 MHz

Andhra Pradesh 48.60
Assam 8.00
Bihar 12.40
Delhi 79.80
Gujarat 47.60
Haryana 9.86
Himachal Pradesh 3.20
Jammu & Kashmir 2.60
Kerala 16.60
Kolkata 30.23
Madhya Pradesh 16.60
Maharashtra 63.60
Mumbai 97.84
North East 2.20
Punjab 15.40
Rajasthan 18.38
Uttar Pradesh (East) 26.63
Uttar Pradesh (West) 20.06
West Bengal 9.20

2100 MHz

Bihar 430.00
Delhi 2770.00
Haryana 275.00
Jammu & Kashmir 55.00
Kerala 885.00
Maharashtra 1705.00
Mumbai 2305.00
Odisha 190.00
Punjab 455.00
Rajasthan 700.00
Tamil Nadu 1720.00
Uttar Pradesh (East) 550.00

2300 MHz

Andhra Pradesh 683.40
Assam 20.00
Bihar 61.50
Delhi 1430.00
Gujarat 611.88
Himachal Pradesh 10.00
Karnataka 980.00
Kerala 175.67
Kolkata 330.00
Madhya Pradesh 82.00
Maharashtra 630.61
Mumbai 1460.00
North East 10.00
Odisha 40.00
Tamil Nadu 1320.00
West Bengal 50.00

2500 MHz

Andhra Pradesh 680.00
Assam 20.00
Bihar 60.00
Delhi 1430.00
Gujarat 390.00
Haryana 80.00
Himachal Pradesh 10.00
Jammu & Kashmir 10.00
Kerala 160.80
Kolkata 330.00
Madhya Pradesh 80.00
Maharashtra 580.00
Mumbai 1460.00
North East 10.00
Odisha 40.00
Punjab 210.00
Rajasthan 60.00
Uttar Pradesh (East) 90.00
Uttar Pradesh (West) 120.00
West Bengal 50.00

 

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