3G auction in final lap, price reaches Rs 93.3 billion

NEW DELHI: The value of 3G auction picked up slightly on day 17 and has gone up to over Rs 93.30 billion at the end of 100 rounds, even as it was announced that ‘the Activity Requirement will be set to 90 per cent in Clock Round 104.’

The bid for Mumbai continues to top with Rs 14.91 billion, ahead of Delhi‘s Rs 14.17 billion.
The rest of Maharashtra closed at Rs 9.51 billion, while Andhra Pradesh was at Rs 8.43 billion. Tamil Nadu clocked Rs 8.25 million while Karnataka closed at Rs 7.56 billion. Gujarat closed at Rs 7.40 billion, while Kolkata clocked Rs 2.72 billion.

The bids for most states are expected to rise very little. These include Delhi, Mumbai, Kerala, Punjab, West and East Uttar Pradesh, Madhya Pradesh, West Bengal, Orissa, Assam, Jammu & Kashmir, and Himachal Pradesh.
While West Uttar Pradesh clocked Rs 3.19 billion, Haryana rose marginally to Rs 2.22 billion, and the North-East to Rs 312 million. Rajasthan rose to Rs 2.63 billion and Bihar to Rs 354.4 million.

The bids for some states remained unchanged: Kerala at Rs 2.72 billion, Punjab at Rs 1.49 billion, East Uttar Pradesh at Rs 2.60 billion, Assam and Orissa at Rs 309 million, Madhya Pradesh at Rs 2.36 billion, West Bengal at Rs 1.24 billion, and Jammu & Kashmir and Himachal Pradesh service areas at Rs 300 million each.

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.

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