India’s
biggest telecom spectrum auction ended Wednesday after 19 days of
fierce bidding that fetched about Rs. 1,10,000 crores to the government.
“The
auction has concluded,” an official source told PTI. The auction for
airwaves in four bands ended after 115 rounds of bidding, a source said.
The total value of bids stood at Rs. 1,09,874 crores.
The
DoT will disclose details of the result and names of successful bidders
after the Supreme Court’s permission as a case is pending before the
apex court. The spectrum auction included airwaves held by nine licences
of Idea Cellular, seven each of Reliance Telecom and Vodafone and six
permits of Bharti Airtel that were expiring in 2015-16.
These airwaves mostly included frequencies in 900MHz band and 1800MHz band.
Government
also auctioned airwaves in 1800MHz band that remained unsold in 2014,
and 800MHz or CDMA band frequencies that were left after sale in 2013.
A
total of 380.75MHz of spectrum was put on sale in the premium 900MHz
band, 1800MHz and 800MHz, while 5MHz was up for bidding in the 2100MHz
band, used for 3G mobile services, across 17 out of 22 telecom.
As
per auction document, in case of deferred payment option, telecom
operators are required to pay an upfront payment of 33 percent in case
of 2100MHz, 1800MHz bands and 25 percent for 900MHz and 800MHz bands
within 10 calendar days of the close of auction.
The winners will pay the rest of the amount over a period of 12 years — 2 years moratorium and then 10 yearly instalments.
While
Idea, Airtel, Vodafone and Reliance Communications participated in the
auction mainly to defend their existing spectrum holding, Reliance Jio,
Tata Teleservices,Telewings (Uninor) and Aircel participated to buy
additional spectrum.
At
the minimum or auction start price, the total value of spectrum in
2100MHz band stood at about Rs. 17,555 crores and that of in 800MHz,
900MHz and 1800MHz bands was about Rs. 64,840 crores.
The price of airwaves in 800MHz and 900MHz has seen significant rise over the value fixed by government.
The
price of 800MHz spectrum, currently being used for CDMA, saw about
two-fold rise over the base price across various telecom service areas
in the current auction.
There was no taker for this spectrum in 2012 auctions and only one bidder in auctions held in March 2013.
The
3G auction conducted in 2010 was the longest auction that ended after
34 days of bidding and fetched government about Rs. 67,718 crores. The
3G auction along with spectrum for broadband wireless access airwaves,
that can be used for 4G, jointly fetched government bids worth Rs.
1,05,000 crores.
The
government got commitment of about Rs. 62,162 crores from the sale of
900MHz and 1800MHz spectrum in 10 days long February 2014 auction.
Posted by : Gizmeon
No comments:
Post a Comment