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Nov 12, 2012, 10.32 PM IST | Source: PTI

LDALL TELECOM 2 LAST

LDALL TELECOM 2 LAST

In the seventh round less demand for spectrum was seen in In the seventh round less demand for spectrum was seen in most of the circles, except in Bihar where bids were received for all 8 blocks put up for auction. The last round of the day saw demand for 7 blocks in Assam, 6 blocks each in Haryana, Madhya Pradesh, Jammu and Kashmir, Odisha,West Bengal and North East. Maharashtra telecom service area received bid for 5 blocks. Andhra Pradesh, Kolkata and Tamil Nadu circle received bids for half of the 8 blocks of spectrum available for bidding. Uttar Pradesh (E), Himachal Pradesh, Kerala and Punjab received bids for only one block. Earlier demand was seen for 10 blocks in UP (W), 9 blocks in UP (E) 7 blocks in Assam. Telecom experts are of the view that the auction price may not meet revenue target set by government and even adversely impact revenue target of Rs 31,000 crore set by it from one-time spectrum for excess spectrum held by telecom operators. "The government may have to face issues regarding market discovery of price regarding excess spectrum that operators hold specially in circles where there were no bids and issues regarding the governments overall revenue generation target wherein there is a large gap to bridge," Protiviti Consulting's Country Managing Director Mritunjay Kapur said. PTI PRS SR ANZ ns KSR

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