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May 04, 2010, 06.19 PM IST
The all India price on day 20 of the 3G auction has risen to Rs 10,348 crore. The government's revenue has gone up to Rs 41,766 crore on day 20. In an interview with CNBC-TV18, Romal Shetty, Head - Telecom, KPMG gave his perspective on the auction and the road ahead.  The all India price on day 20 of the 3G auction has risen to Rs 10,348 crore. The government's revenue has gone up to Rs 41,766 crore on day 20. Till date, 116 rounds have been completed. Six rounds of bids were conducted today.The bid activity level remains at 90%, which implies from the way the auction has been structured that the auction is in its final lap.In an interview with CNBC-TV18, Romal Shetty, Head - Telecom, KPMG gave his perspective on the auction and the road ahead. Here is a verbatim transcript of the interview. Also watch the accompanying video. Q: The number as it stands all India price of over Rs 10,000 crore. The government stands to make over Rs 40,000 crore. Are you surprised at these numbers? A: To be honest, no I think the expectation was any way about 2 times which is about Rs 7000 crore to Rs 7500 crore was expected anyway I mean at a minimum. But yes Rs 10,000 crore is surprising because most people would have been probably comfortable with Rs 8000 plus crore or around that. But Rs 10,000 crore is sort of stretching. So, yes I am a bit surprised in terms of it having crossed the Rs 10,000 crore mark.
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