BWA Auction Update Day9: Pan-India Bid Crosses $1.9B

As India’s BWA/WiMAX spectrum auction is almost 90% complete, the Pan-India bidding price has reportedly crossed Rs 89.8 billion (US$1.9 billion) on the 9th day of the auction. 

As India’s BWA/WiMAX spectrum auction is almost 90% complete, the Pan-India bidding price has reportedly crossed Rs 89.8 billion (US$1.9 billion) on the 9th day of the auction. 

So far 68 rounds has been completed including 6 of today. See below statewise details reported by the country’s Department of Telecommunications today.

After Nine days of bidding, the price for a pan-India BWA spectrum slot across all 22 operating circles, has risen more than 5 times of the base price 1750 crore.

 

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