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Spectrum auction ends

India Blooms News Service | | 25 Mar 2015, 10:25 pm
New Delhi, Mar 25 (IBNS) The provisional amount committed by bidders stood at Rs.1,09,874 crore as telecom spectrum auction ended on Wednesday after 115 rounds of bidding.

Wednesday was the 19th day of the bidding.

"The Auction of Spectrum in 2100 MHz, 1800 MHz, 900 MHz and 800 MHz Bands re- commenced today at 09.00 A.M. and today 5 rounds of bidding were completed. The Auction came to an end after 115 rounds of bidding," read a government statement.

"The bidding took place in all bands. At the end of 115th round, about 89% of the spectrum has been provisionally allocated to bidders. The provisional amount committed by bidders at the end of 115th round is Rs.1,09,874 Crore. Auction day end report and band-wise summary  after the final round are attached," it said.

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