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Spectrum trading may curb excessive bidding in auction: Fitch

Last Updated: Thursday, September 10, 2015, 19:25

Ability of telecom operators to trade spectrum may curtail excessive bidding in future auctions, credit rating agency Fitch said Thursday.

Govt gets Rs 32,300 cr upfront payment from spectrum sale

Last Updated: Sunday, April 12, 2015, 12:58

The government has received a total upfront payment of over Rs 32,300 crore from telecom players against the spectrum sold during the March auction, well above the minimum outstanding due of Rs 28,835.34 crore.

Spectrum auction: Govt receives all upfront amount of Rs 28,872 cr

Last Updated: Thursday, April 9, 2015, 18:48

Telecom companies have paid the entire upfront money of about Rs 28,872 crore to the government for the airwaves they acquired during the last month's auction.

India's top three mobile phone operators spend $13.6 billion in airwaves auction

Last Updated: Friday, March 27, 2015, 08:54

India`s top three mobile phone network operators have spent a combined $13.6 billion in a government auction of airwaves to secure almost 80 percent of the spectrum on offer, reinforcing their positions in the world`s second-biggest mobile market.

Spectrum auction Day 14: Govt's kitty grows to Rs 1.09 lakh cr

Last Updated: Thursday, March 19, 2015, 20:56

The government's telecom spectrum auction kitty Thursday rose marginally to reach Rs 1.09 lakh crore at the end of the 14th day with robust bidding taking place in the 800 MHz band.

Spectrum auction: Day 13 sees bids of Rs 108,000 crore

Last Updated: Wednesday, March 18, 2015, 22:05

The government received commitments of Rs 108,000 crore from telecom operators at the end of bidding on Wednesday, the 13th day of radio frequency spectrum e-auctions.

Spectrum auction Day 12: Bids reach Rs 1,07,000 crore

Last Updated: Tuesday, March 17, 2015, 22:03

The government's spectrum auction kitty Tuesday rose to Rs 1,07,000 crore at the end of 12th day of the biggest sale of 2G and 3G airwaves.

Spectrum auction Day 11: Bids reach Rs 1,03,046 crore

Last Updated: Monday, March 16, 2015, 21:28

Government's spectrum auction kitty Monday rose marginally to Rs 1,03,046 crore at the end of 11th day of the biggest sale of 2G and 3G airwaves.

Spectrum auction Day 9: Kitty stands at Rs 1.01 lakh cr

Last Updated: Friday, March 13, 2015, 22:07

As per the Department of Telecom , the total auction proceeds were Rs 1,02,057 crore till yesterday with sale of about 86 percent of the available spectrum in various bands.

Spectrum auction bids cross Rs 1 lakh crore mark

Last Updated: Thursday, March 12, 2015, 21:52

Government's proceeds from the spectrum auction Thursday crossed Rs 1 lakh crore mark as aggressive bidding took place across all bands on the eighth day of the biggest sale of 2G and 3G airwaves.

Spectrum auction Day 7: Bids reach Rs 96,000 crore

Last Updated: Wednesday, March 11, 2015, 21:40

Bids for spectrum grew to around Rs 96,000 crore at the end of seventh day of auction Wednesday, after surprisingly dipping to Rs 92,200 crore yesterday for the biggest-ever sale of 2G and 3G airwaves.

Spectrum auction Day 6: Price moderates, kitty dips to Rs 92,200 cr

Last Updated: Tuesday, March 10, 2015, 22:36

The telecom spectrum auction kitty surprisingly dipped to Rs 92,200 crore at the end of sixth day of bidding Tuesday, as bid price moderated after surging for five straight days for the biggest ever sale of 2G and 3G airwaves.