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  • 'Telecom tariffs set to rise as spectrum price hikes' Mar 25, 2015 08:57 PM IST

    'Telecom tariffs set to rise as spectrum price hikes'

    The spectrum auction, which came to a close after 19 days of aggressive bidding on Wednesday, helped the government garner commitment of Rs 1,09,874 crore from operators.

  • Spectrum auction kitty rises to Rs 1.09 lakh crore Mar 24, 2015 08:54 PM IST

    Spectrum auction kitty rises to Rs 1.09 lakh crore

    Government's kitty from the telecom spectrum auction on Tuesday rose to Rs 1.09 lakh crore with the provisional allocation of 89 percent radiowaves made at the end of the 18th day.

  • Spectrum auction enters Day 17, payments likely in FY16 Mar 22, 2015 04:01 PM IST

    Spectrum auction enters Day 17, payments likely in FY16

    With the spectrum auction entering the 17th day, the government may not get all of the upfront Rs 25,000 crore revenue from the sale it was expecting this fiscal.

  • Spectrum sale shortfall won't affect FY15 deficit target Mar 20, 2015 11:57 AM IST

    Spectrum sale shortfall won't affect FY15 deficit target

    The government had budgeted Rs 12000 crore from spectrum auction in revised FY15 estimate. However, the government is on course to meet its 4.1 percent FY15 fiscal deficit target.

  • Day 14: Spectrum auction kitty grows to Rs 1.09 lakh cr Mar 19, 2015 08:00 PM IST

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

    At the end of auction on Wednesday, the spectrum kitty had grown to Rs 1.08 lakh crore with about 89 percent of radiowaves provisionally allocated to the bidders.

  • Day 12: Spectrum auction bids reach Rs 1,07,000 crore Mar 17, 2015 08:15 PM IST

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

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

  • Fierce bidding continues across all spectrum bands on day 9 Mar 13, 2015 09:56 PM IST

    Fierce bidding continues across all spectrum bands on day 9

    It is day 9 of the spectrum auction - total bids stand at over Rs 1 lakh crore despite a marginal dip. Surprisingly, telecom companies are still slugging it out for airwaves across all bands, reports CNBC-TV18's Malvika Jain.

  • Spectrum auction bids cross Rs 1 lakh crore mark Mar 12, 2015 10:01 PM IST

    Spectrum auction bids cross Rs 1 lakh crore mark

    Upbeat at the positive outcome of the bidding for the airwaves, Telecom Minister Ravi Shankar Prasad told PTI: "It is a matter of great assurance for us to know that the bid amount on Thursday crossed 1 lakh crore plus closing at Rs 1,02,000 crore."

  • Spectrum auction day 7: Bids reach Rs 96,000cr Mar 11, 2015 09:19 PM IST

    Spectrum auction day 7: Bids reach Rs 96,000cr

    There is still spectrum which is yet to be sold in all the bands, including 900 Mhz which is the spectrum currently held by operators whose licences are expiring in 2015-16.

  • Over 83% of spectrum provisionally allocated so far Mar 10, 2015 10:02 PM IST

    Over 83% of spectrum provisionally allocated so far

    The government has allocated spectrum to bidders of approximately Rs 92,200 crore till now, with majority of service areas going at a premium to reserve price.

  • Govt hopeful aggressive bidding in 900 MhZ will continue Mar 05, 2015 10:03 PM IST

    Govt hopeful aggressive bidding in 900 MhZ will continue

    After a big bang Day-1 in which the government received bids worth Rs 60,000 crore, demand for spectrum has fizzled out on Day-2. Only bids worth Rs 5,000 crore have come in through the day, taking the total bid amount over the last 2 days to Rs 65,000.

  • Telecom auction gets Rs 60,000cr bids on first day Mar 04, 2015 09:57 PM IST

    Telecom auction gets Rs 60,000cr bids on first day

    The bidding will resume tomorrow morning in the auction through which the government was expecting to raise over Rs 82,000 crore. The final amount may go much higher if bids continue at such an aggressive pace.

  • Spectrum auction: UBS AG sees 900 MHz at 60% premium Mar 04, 2015 01:10 PM IST

    Spectrum auction: UBS AG sees 900 MHz at 60% premium

    Suresh Mahadevan expects 900 MHz to settle at 60 percent premium. He sees Bharti and Idea spending little over Rs 18,000 crore and Rs 24,000 crore respectively.

  • Should you buy Bharti, Idea as spectrum auction begins? Mar 04, 2015 12:10 PM IST

    Should you buy Bharti, Idea as spectrum auction begins?

    IIFL has a buy rating on both Bharti Airtel and Idea Cellular. The brokerage has set a target price of Rs 450 per share on Bharti, indicating an upside of 26 percent while it thinks Idea may jump 28 percent. IIFL has a target of Rs 195 on Idea.

  • Spectrum auction begins; govt eyeing over Rs 80K cr revenue Mar 04, 2015 10:53 AM IST

    Spectrum auction begins; govt eyeing over Rs 80K cr revenue

    The auction is the biggest ever sale of 2G and 3G airwaves which may fetch the government over Rs 82,000 crore.

  • Opening bell: Nifty may open in red led by global markets Mar 04, 2015 07:58 AM IST

    Opening bell: Nifty may open in red led by global markets

    The Indian market is expected to open in red today taking cues from the global markets. The SGX Nifty, an indicator of pre-market opening was down 25 points to 9027 in early morning trade.

  • Spectrum auction for 4 bands to start tomorrow Mar 03, 2015 04:10 PM IST

    Spectrum auction for 4 bands to start tomorrow

    The government plans to sell 380.75 MHz of spectrum in three bands - the premium 900 MHz band, 1800 MHz and 800 MHz, besides 5 Mhz in the 2100 Mhz band across 17 out of 22 telecom areas in the country.

  • Union Budget 2015: FM stresses on Digital India, no major reforms in telecom Feb 28, 2015 04:59 PM IST

    Union Budget 2015: FM stresses on Digital India, no major reforms in telecom

    Finance minister Arun Jaitley, however, says: "The National Optical Fibre Network Programme (NOFNP) of 7.5 lakh kms, networking 2.5 lakh villages is being further speeded up by allowing willing states to undertake its execution, on reimbursement of cost as determined by DoT."

  • How last 5 Union Budgets impacted income tax Feb 28, 2015 08:58 AM IST

    How last 5 Union Budgets impacted income tax

    Income tax slabs have always been the most awaited section of the Budget. With the economy showing signs of recovering from the slowdown, speculations are rife if Jaitley will raise the slabs giving a relief to the tax payers across the spectrum.

  • Airtel raises Rs 1,925 cr from stake sale in tower unit Feb 26, 2015 09:44 PM IST

    Airtel raises Rs 1,925 cr from stake sale in tower unit

    "An overall demand of USD 440 million (1.42 times of base deal size) across the US, Europe and Asia was seen. The allocation was at Rs 350 per share - a discount of 3.7 percent to last 30 day average closing price," Bharti Airtel said in a statement

  • SC restrains govt from issuing licences to winning telcos Feb 26, 2015 01:50 PM IST

    SC restrains govt from issuing licences to winning telcos

    The SC has said spectrum auctions would be subject to court orders, and has asked the government to submit the bidding details to it.

  • 8 telcos gather Rs 20Kcr as guarantees for spectrum auction Feb 19, 2015 09:51 PM IST

    8 telcos gather Rs 20Kcr as guarantees for spectrum auction

    Having received bank guarantees worth Rs 20,435 crore, the government is expecting a bumper spectrum auction this fiscal and telcos are hoping to make big moolah at the back of data service growth in the world's fastest growing telecom market, reports CNBC-TV18's Malvika Jain.

  • Telecom sector may see 14-16% rev growth in FY16: Crisil Feb 18, 2015 04:01 PM IST

    Telecom sector may see 14-16% rev growth in FY16: Crisil

    In FY16, healthy growth in data volumes – spurred by increasing adoption of 3G and 4G services – is expected to lift revenue growth to 14-16 percent, as per CRISIL Research estimates.

  • Airtel, Vodafone, 2 others apply for spectrum auction Feb 16, 2015 05:33 PM IST

    Airtel, Vodafone, 2 others apply for spectrum auction

    Today is the last day to submit the applications. Most of the spectrum being put up for the auction is presently held by Airtel, Vodafone, Idea Cellular and Reliance Telecom.

  • Govt may ask TRAI to review spectrum trading, sharing recos Feb 13, 2015 03:32 PM IST

    Govt may ask TRAI to review spectrum trading, sharing recos

    In what would come as a jolt to the telecom sector, the government may ask the Telecom Regulatory Authority of India (TRAI) to provide a fresh view on spectrum trading and sharing recommendations, which are expected to be notified this year.

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