3G: Gujarat tops bids, 31% hike in All-India base price

NEW DELHI: After the end of fourth day of the 3G Auction, the All-India price was at Rs 45.82 billion, 31 per cent up from the base price of Rs 35 billion.

Gujarat received the highest bid after a total of 22 clock rounds were completed. Delhi, however, continued to dominate the auction among cities with the price rising to Rs 4.38 billion.
The price for Mumbai service area rose to Rs 4.17 billion, while the price of the rest of Maharashtra was Rs 4.25 billion.

The bid for Tamil Nadu rose to Rs 4.29 billion, while that of Andhra Pradesh clocked Rs 4.25 billion. Kolkata received a bid of just Rs 1.58 billion, dropping from the bid of Rs 1.59 billion at the start of the day.

While eastern Uttar Pradesh received a bid of Rs 1.82 billion, the bid for western Uttar Pradesh was Rs 1.59 billion. Rajasthan received the next highest bid of Rs 1.74 billion. 
The bids for Assam, Orissa and Jammu & Kashmir service areas remained at Rs 300 million each, with the north-east getting a bid of Rs 303 million.

The auction, which will resume on Thursday as Wednesday is a local holiday, may take about two weeks to complete.

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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