The spectrum auction for the year 2015 has witnessed 37 rounds of bidding, the highest bids secured across all the bands amounts to Rs 92,200 crore. As reported by IANS, a senior official said, “There was activity in two new service areas in 1,800MHz band. There is a shift in activity from 2,100MHz and 900MHz bands to 1,800MHz and 800MHz bands.”
The official also explained that as per the norms of the auction, a bidding company has to forego its bid for a particular band made earlier to a new band if it is seen that such a switch would prove beneficial, financially and in terms of spectrum management. This is the main reason for the drop in the bidding. He also added that, still some spectrum is remaining and the bidding will continue in the next round.
As per the IANS report, an internal note suggests, “The auction of spectrum in 2,100MHz, 1,800MHz, 900MHz and 800MHz Bands re-commenced on March 10 at 9 am and today six rounds of bidding were completed. Till now, 37 rounds of bidding has taken place.”
Presently, over 83 percent of the spectrum has been allocated to the bidders at the value of Rs 92,200 crore. The note further adds, “Majority of the service areas are going at a premium over the reserve price. With 100% activity requirement and activity in new service areas, the competitive bidding is expected to continue.”
Presently, Bharti Airtel and Vodafone are locked with Reliance Jio to protect their spectrum they need to carry voice and data in the world’s second-biggest smartphone market. In all, eight bidders are in fray. A total of 380.75MHz of spectrum is on offer in the premium 900MHz band, 1,800MHz and 800MHz while 5MHz is up for bidding in the 2,100MHz band across 17 out of 22 telecom areas or circles in the country.