Technology

3G auction: Delhi crosses Rs 8 billion mark

NEW DELHI: After the completion of 64 rounds on the eleventh day today, Delhi continued to top the bidding with Rs 8.50 billion, with Mumbai almost Rs 1 billion behind at Rs 7.52 billion.


Tamil Nadu peaked at Rs 7.11 billion, and Gujarat closed at 5.83 billion. There are no applications of price increment for these states for the rounds beginning Friday.
 
The rest of Maharashtra had a bid of Rs 6.97 billion, while Karnataka and Andhra Pradesh closed at Rs 6.38 billion and Rs 6.26 billion respectively. Kerala and Kolkata clocked Rs 2.39 billion and Rs 2.18 billion respectively.


With no applications for price increment for Friday’s bidding, there is little likelihood for any more bids for Western Uttar Pradesh, Eastern Uttar Pradesh, West Bengal, Rajasthan, Assam, Orissa, Jammu & Kashmir, Himachal Pradesh, the North-East, and Bihar. However, telecom sources said this assumption has proved wrong in some cases and fresh bidders may come in any time before the bidding closes. 
 
While east Uttar Pradesh closed with a bid of Rs 2.50 billion, west Uttar Pradesh clocked Rs 2.67 billion. Punjab stopped at Rs 1.41 billion and Haryana closed at Rs 2.14 billion. Madhya Pradesh and Bihar rose marginally to Rs 2.29 billion and Rs 3.34 billion respectively. Rajasthan rose to Rs 2.43 billion.


The bids for some states remained unchanged: West Bengal at Rs 1.23 billion, Assam, Orissa and Jammu & Kashmir and Himachal Pradesh service areas at Rs 300 million each, and the north-east at Rs 303 million.


The telecom operators in the race are Aircel, Bharti Airtel, Etisalat DB Telecom, Idea Cellular, Reliance, S Tel, Tata Teleservices, Videocon Telecommunications and Vodafone Essar.


The successful bidders would be allowed to start commercial 3G operations from 1 September.

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