3G auction: Overall bids up 139% of base price

NEW DELHI: The value of 3G auction has gone up to over Rs 83.82 billion, a 139.4 per cent rise over the floor price of Rs 35 billion fixed by the government.

As anticipated, the bid for Mumbai has overtaken that of Delhi, and stands at Rs 12.52 billion with the bid for the national capital service region at Rs 12.10 billion at the end of 82 rounds on day 14 today.
The rest of Maharashtra peaked at Rs 8.24 billion, with Tamil Nadu at Rs 7.69 billion. Karnataka closed at Rs 7.12 billion, while Andhra Pradesh had a bid of Rs 7.20 billion, and Gujarat closed at Rs 6.51 billion. Kerala rose marginally to Rs 2.64 billion, while Kolkata clocked Rs 2.48 billion respectively.

The bids for some states are expected to rise very little, with no applications for price increment for tomorrow’s round. These include Mumbai, Andhra Pradesh, Kerala, Punjab, Haryana, West and East Uttar Pradesh, West Bengal, Orissa, Assam, Jammu & Kashmir, Himachal Pradesh, and the North-East.

While West Uttar Pradesh clocked Rs 3.10 billion, East Uttar Pradesh had a bid of Rs 2.60 billion, and Punjab stopped at Rs 1.46 billion. Bihar rose marginally to Rs 347.5 million and Rajasthan rose to Rs 2.50 billion.

The bids for some states remained unchanged: Assam and Orissa at Rs 309 million, Madhya Pradesh at Rs 2.36 billion, Haryana at Rs 2.18 billion, West Bengal at Rs 1.24 billion, the North-East at Rs 306 million, 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.

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

Latest Reads
Messaging Gets Smarter with Classification, Smart Notification and Backup Features for Truecaller Users

Truecaller introduces three new smart updates called ‘SMS Classification’, ’Smart Notification’ and ‘Messages Backup’ to its existing Messaging Inbox feature, to enhance the SMS messaging experience for all Android users.

Technology Software Applications
Prepare for Microsoft MCSA, MCSE certifications with actual exam dumps

To become a valuable professional candidate, you need to possess up-to-date skills and keep pace with the constantly developing world of IT.

Technology Software Applications
P&G rolls out innovative, connected products at CES 2019

Can an FMCG company go the connected product route too?. Well the Cincinnati-based Procter & Gamble obviously believes that's the way to go. At a press conference today, the global major unveiled six products at the Mandalay Bay in Las Vegas during CES 2019.

Technology ces
Consumer Electronics Show 2019: A ringside view

CES. Billed as the world’s largest consumer electronics show which brings in about 180,000 visitors who queue up and walk miles visiting 4,000 plus exhibitors who are showing  off the latest in tech over 2.5 million square feet of exhibition space.

Technology ces
Synamedia makes CES debut, offering pay-TV providers frictionless cloud migration strategies, new revenue opportunities

Synamedia, the largest independent video software provider, will bring its newest solutions to CES® 2019, illustrating how pay-TV providers can migrate to the cloud at their own pace, and seamlessly. The company also unveiled new security software that combats the rapid rise in account sharing...

Technology ces
Adapt My Web: making the web accessible to all

There are currently more than 600 million active websites in France.

Technology ces
Jenax presents revolutionized ways to connect human body to iot powered by the first true flexible battery at CES 2019

Jenax, an inventor and a manufacturer of flexible and fast-charging lithium-ion rechargeable batteries, today announced that the company will present how its award-winning J.Flex

Technology ces
Consumers Expect to be Riding Hyperloops and Owning Home Robots in 2030 According to Survey by CITE Research/Dassault Systèmes

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today revealed that consumers expect that cities in 2030 will be filled with technology that improves overall quality of life, delivers socially-conscious benefits and personalizes experiences.

Technology ces
Shemaroo Entertainment’s Bhakti App Bags the Innovative Mobile App Award

Shemaroo Entertainment Ltd., added another feather to its cap with firm’s ‘Shemaroo Bhakti App’ winning the special mention award under Innovative Mobile App category at the Drivers of Digital Summit 2018

Technology Software Applications

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories