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India gets bids worth $9.8 bln in telecoms spectrum auction

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Reuters NEW DELHI
Last Updated : Feb 13 2014 | 5:28 PM IST

NEW DELHI (Reuters) - Telecoms spectrum auction ended on Thursday after 10 days of bidding, with the government receiving bids worth about 610 billion rupees ($9.82 billion), a senior official said.

The government official declined to be named as the auction results are not public yet.

Eight companies, including Bharti Airtel Ltd , Vodafone Group Plc 's India unit and Reliance Industries Ltd , had applied to bid in the auction of 900 megahertz and 1800 megahertz band airwaves.

($1 = 62.1000 Indian rupees)

(Reporting by Devidutta Tripathy; Editing by Subhranshu Sahu)

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First Published: Feb 13 2014 | 5:15 PM IST

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