Page 3 - Spectrum Auction

Airtel buys Rs 18,699-cr radiowaves; Voda acquires spectrum in 5 circles

The auction, which put on offer a total of 2308.80 MHz of spectrum worth Rs 4 lakh crore in seven bands, concluded on Tuesday, just a day after it commenced

Airtel acquires airwaves worth Rs 18,699 cr in latest spectrum auction

90 million additional customers to be covered through the spectrum bought in latest auction, says the telco

Top headlines: Cayman grey tag may hurt FPI, Telcos bid in spectrum auction

India's market regulator suggested a "dual approval" process for the appointment and removal of independent directors. Read top stories with Business Standard

Spectrum auction: Telcos place bids worth Rs 77,000 crore on Day 1

Revenue garnered from 4G auction may be much lower than reserve price set at Rs 3.92 trillion

Spectrum auction: Bid amount exceeds Rs 77,000 cr on Day 1, says govt

India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel and Vodafone Idea putting in bids. Over 2,250 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at reserve or start price, was offered for bidding in the auction that began on Monday. Telecom Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 and 2500 MHz bands. The auction, he said, will continue on Tuesday. Bids were received in 800 MHz, 900 MHz, 1800 MHz, 2100 MHz and 2300 MHz bands. About one-third of the spectrum being auctioned is in the 700 MHz band, which was completely unsold during the 2016 auctions. This, analysts said, was mostly because operators are unlikely to diversify into a new spectrum band that would require incremental investment in equipment, when other sub-GHz bands are availa

Telecom auctions start today; 700 MHz premium may go unsold yet again

The premium band is considered ideal for internal coverage but went unsold in the 2016 auctions. TRAI in its recommendations in August 2018 reduced the price by 40%

Jio, Airtel, Vodafone Idea apply for participating in spectrum auction

Vodafone Idea needs to renew 6.2 MHz of spectrum in the 900 MHz band and 38.2 MHz in the 1800 MHz band

Airtel says it's improving network, seeks 'full footprint' in spectrum

Telecom company announced a net profit of Rs 854 crore, after six quarters, this week

Govt may fall short of achieving airwave auction target, say experts

The auctions are slated to be held in March 2021, over four years after the last spectrum auctions in October 2016

Telcos can get some airwaves for less than half the price paid earlier

Telecom operators can get spectrum in the 900 megahertz band, used for 4G services, in the upcoming auction for less than half the price

Top headlines: Govt plans bank with $13.7 bn equity, Dec services PMI dips

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Next round of spectrum auction gets cabinet nod: I&B minister Javadekar

The cabinet has also approved relief for sugarcane farmers

Reliance Jio pitches for spectrum auction; says delay will hurt exchequer

The company, in a letter to the Department of Telecommunications, said there was an an urgent need for immediate auction of all the available spectrum in all bands.

Jio seeks early spectrum auction, says delay to hurt national exchequer

Reliance Jio has questioned the telecom department's rationale to pause the policy of spectrum auction every year and demanded that the sale of airwaves should be held at the earliest

Telcos in deep trouble, spectrum auction won't help in raising funds: Sibal

Kapil Sibal said that the telecom companies do not have the capacity to participate in spectrum auctions especially after the Covid-19 outbreak

Govt to allow telecom firms to defer payments of future spectrum auctions

Meanwhile, the Department of Telecom is preparing to issue fresh notices to telecom companies asking them how they had calculated their dues linked to AGR

DoT to finalise firm to develop spectrum auction software by March 6

The delay is likely to push spectrum auction to July-August this year, according to sources. mjunction and e-Procurement Technologies have experience to design module for spectrum auction.

Telecom dept approves Rs 5.22 trn spectrum sale; auction in March-April

He said the auction will entail sale of over 8300 MHz of spectrum spread over all 22 telecom circles, the reserve price of which comes to Rs 5,22,850 crore

AGR or spectrum? What's a bigger drag on telecom operators' finances?

Trai says a reduction in AGR will allow more investment in telecom sector, but DoT argues the same can be ensured if Trai agrees to reduce spectrum reserve price at auctions

Top 10 biz headlines: YES Bank to raise $1 bn, spectrum auction, and more

From YES Bank pursuing to raise $1 billion to spectrum auction not finding many takers, here are the top 10 business headlines on Monday