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NEW DELHI: The bidding for 3G spectrum in at least half of the 22 circles appeared
to be coming to a close with no more bids beyond yesterday. There
is little likelihood for any more bids for Western Uttar Pradesh, Haryana, West
Bengal, Madhya Pradesh, Rajasthan, Assam, Orissa, Jammu & Kashmir, Himachal
Pradesh, the north-east, and Bihar. On
the ninth day of auction, bids for a nationwide 3G mobile spectrum licences in
India rose 81.5 per cent above the base price to Rs 63.54 billion.
Delhi continued its upward rise at the end of 52 rounds on the ninth day today
with a bid of Rs 7.33 billion. Mumbai had a bid of Rs 6.68 billion, while Tamil
Nadu peaked at Rs 6.43 billion, and the rest of Maharashtra had a bid of Rs 5.25
billion. The
bid for Gujarat closed at Rs 5.60 billion, only marginally above yesterdays
bid. |