3G auction ends: Who gets what?

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3G auction ends: Who gets what?

After 34 days of hectic bidding, the auction for the 3G spectrum allocation is over. According to CNBC-TV18’s sources the all-India licence was last bid for Rs 17,000 crore.

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RELATED NEWS 3G auctions end, Govt to get around Rs 70,000 cr Bids for one all-India 3G licence reach $3.63bn Bids for one all-India 3G licence hit $3.5 bln ALSO READ See latest News about Bharti Airtel See previous management interviews See what other Experts & Brokerages are saying about Bharti Airtel

After 34 days of hectic bidding, the auction for the 3G spectrum allocation is over. The all-India licence was last bid for Rs 16,751 crore. 

Bharti  has paid the maximum amount of Rs 12,295.46 crore for 13 circles. Vodafone has got nine circles for Rs 11,618 crore. Reliance Communication has paid Rs 8,600 crore for 13 circles, Idea Cellular pocketed 13 circles for Rs 5769 crore and Tata Teleservices has got nine circles for 5864.29 crore.

In Mumbai and Delhi, R-Comm, Vodafone and Bharti are the winners. Aircel, Vodafone and R-comm are the winners in Kolkata.
 
It is learnt, the government is estimated to garner Rs 67,719 crore surpassing its earlier expectations.

Sources added that bids for broadband and WiMax are expected to start within two days.

The 3G auction started on 9 April and there were nine bidders in the fray for the slots of 3G spectrum on the block. The government auctioned three slots in 17 telecom service areas and four slots in the remaining five states of Punjab, Bihar, Orissa, Jammu and Kashmir and Himachal Pradesh.

Nine leading mobile operators, including Bharti Airtel, Vodafone, RCOM, Tatas, are up against each other to grab spectrum. The government selling 3 blocks of spectrum in most of states with four slots in five states of Punjab, Bihar, Orissa, Jammu and Kashmir and Himachal Pradesh.