Business Standard

3G auction: Rs 51,000-cr mark crossed

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Press Trust Of India

Revenue from the sale of 3G spectrum on Saturday crossed the Rs 51,000-crore mark, as the bid price for a national licence rose to Rs 12,851 crore on the 25th day of the auction. The day witnessed the highest-ever single-day jump in revenue at Rs 3,156 crore.

At the present all-India bid price, the government is now assured of at least Rs 51,833 crore, way above the estimated revenue of Rs 35,000 crore from sale of the telecom spectrum.

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First Published: May 09 2010 | 12:05 AM IST

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