Wednesday, April 14, 2010

3G-Auction Patterns--PAN India/States & Circles...

Gujarat surpassed Delhi to emerge as the most valuable circle with a bid of Rs 460 crore, while the all-India licence price increased to Rs 4,583 crore on the fourth day of 3G spectrum auction yesterday.

The all-India bid on Day 4 rose to Rs 4,583 crore, 31 per cent higher than the base price of Rs 3,500 crore. With this, the government would garner at least Rs 18,332 crore, up by Rs 1,036 crore since Monday.

On Monday, the all-India licence bid had touched Rs 4,324 crore.

At the end of six rounds of auction, Gujarat has emerged has the most valuable circle at Rs 460 crore, surpassing Delhi at Rs 438 crore.

While bid price for Andhra Pradesh, Tamil Nadu and Maharashtra rose to Rs 425.14 crore, Rs 429.39 crore and Rs 425.14 crore, respectively, Karnataka remained ahead of Mumbai at Rs 420.94. Mumbai saw bid at Rs 416.78 crore.

Kolkata saw no increase in its bid price at Rs 157.80 crore with negative demand. Kerala's bid price touched Rs 159.37 crore, the same as the one for UP (W).

Punjab at Rs 126.10 crore, Haryana Rs 144.32 crore, West Bengal Rs 123.63 crore, Himachal Pradesh Rs 30 crore, Orissa Rs 30 crore, Assam, North East and J&K (Rs 30 crore each) saw negative demand.

Bihar bid price stayed at the almost at the same level at Rs 32.44 crore since yesterday bidding.

The government is auctioning three slots of 3G airwaves in 17 telecom service areas. Only two slots are up for sale across the country for broadband airwaves, which will begin after the conclusion of the 3G auctions.

On the first day of auction on April 9, the pan-India license was 12 per cent higher than the base price of Rs 3,500 crore.

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