The UPA government laid claim to a feather worth Rs. 67,710 crore in its cap when the conclusion to the 3G mobile license spectrum auction were concluded this Wednesday. The amount was at leas the twice of the expected bid.
With the Reliance Communications, owned by Mr. Anil Ambani, bagging 13 circles, they were closely followed by Bharti Airtel which now owns 12. Third in the lead was Idea with 11 circles and TATA and Vodafone each bagged 9 circles as per the Department of Telecom (DoT).
The total bid closed at a whopping Rs 16,750.58 crore.
Bharti, Vodafone and RComm bought the key circles of Mumbai and Delhi, with each spectrum going out for Rs. 3,316.93 crore and Rs. 3,247.07 crore respectively. However, the pan-India 3G license could not be claimed by anyone.
The massive closing bid beat the government’s expectations by Rs 32,710 crore more than the expected Rs 35000 crore sales for both the 3G spectrum and Broadband Wireless Access (BWA) combined.
The revenue is definitely expected to go further up with the BWA spectrum auctions still pending. Bharti Airtel, apart from Delhi and Mumbai, also bagged Andhra Pradesh, Rajasthan, Bihar, Karnataka, U.P. (West), Himachal Pradesh, Assam, Jammu, Kashmir, Tamil Nadu, West Bengal, and North East.
RComm will able to offer its 3G services to its customers in the states of North East, Rajasthan, Kolkata, Himachal Pradesh, West Bengal, Madhya Pradesh, Bihar, Assam, Punjab, Orissa, Jammu and Kashmir, other than Delhi and Mumbai.
Tamil Nadu, Kolkata, West Bengal, Haryana, Maharashtra, U.P. (East) Gujarat customers will be able to avail Vodafone-Essar services as well.
Where as the TATA’s, even though denied both 2G and 3G spectrum in Delhi was able to buy slots in Gujarat, Rajasthan, Karnataka, Maharashtra, UP (West), Kerala, Punjab and Haryana.
