3G auction: More than a month later bidding picks up, crosses Rs 161 billion

NEW DELHI: Even more than a month of bidding and still the 3G auction shows no signs of stopping. However, it has slowed down to a certain extent.

Delhi, which had reigned over the auction in the first few days, came back to the top with a bid of Rs 31559.7 million even as the total bid stood at just over Rs 161 billion on the 32nd day at the end of 176 rounds today. Mumbai closed at Rs 30589.2 million.
Andhra Pradesh closed at Rs 13327.7 million, Gujarat clocked Rs 10548.7 million, West Uttar Pradesh went up to Rs 5039.3 million and Kolkata clocked Rs 5076.8 million. East Uttar Pradesh rose to Rs 3574 million, Rajasthan was at Rs 3085.3 million, Kerala was at Rs 2973.3 million, Punjab closed at Rs 2779.3 million, Bihar rose to Rs 1898.1 million, Orissa rose sizably to Rs 904.7 million, the North-East rose to Rs 423 million, Assam went up to Rs 410.7 million, and Himachal Pradesh was at Rs 351 million.

The bids for some states remained unchanged: Karnataka at Rs 15642.7 million, Tamil Nadu at Rs 14649.4 million, the rest of Maharashtra at Rs 12453.7 million, Madhya Pradesh at Rs 2583.6 million, Haryana at Rs 2225.8 million, West Bengal at Rs 1236.3 million, and Jammu and Kashmir at Rs 303 million. 
With no applications for price increment for tomorrow, the bids for eleven service centres are expected to slow down. These are Mumbai, rest of Maharashtra, Gujarat, Karnataka, Tamil Nadu, Haryana, Madhya Pradesh, West Bengal, and Assam, the North East and Jammu and Kashmir. Service centres like Orissa and Himachal Pradesh are unlikely to see much increase with the price increment for tomorrow’s bid at less than Rs 100,000.

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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