Wednesday, May 19, 2010

Auction for 3G spectrum ends today, auction will earn revenue of Rs. 67,718.95 crores

NEW DELHI, INDIA: Auction for allocation of 3G Spectrum closed today after 34 days and 183 rounds of intense bidding. Price per block of 2x5 MHz Pan India spectrum is Rs. 16,750.58 crores.3G spectrum auction including amount payable by MTNL and BSNL will earn revenue of Rs. 67,718.95 crores to the government.

Details of the provisional winners are available on the site of Department of Telecommunication (www.dot.gov.in).

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