Bids for an all-India license to offer 3G services reached 56.2 billion rupees ($1.3 billion) on the seventh day of auction, according to a statement on the department of telecommunications W
Bids for an all-India license to offer 3G services reached 56.2 billion rupees ($1.3 billion) on the seventh day of auction, according to a statement on the department of telecommunications Web site. This amount is approximately 63% higher than the total Rs.35 billion, that was estimated to be gathered before the commencement of the auction.
On day seven of the 3G spectrum auction, 6 more rounds were completed making the total number of rounds to 40.
Nine mobile-phone carriers including Vodafone Group Plc, the world’s largest, and Bharti Airtel Ltd., India’s biggest, are vying for the spectrum to offer third-generation services in the world’s second-largest wireless market by subscribers.
The government is auctioning spectrum for operating 3G services in India’s 22 designated telephone zones. It plans to sell 93 licenses to provide high-speed data to mobile phones and computers that may raise an estimated 500 billion rupees, helping reduce the nation’s fiscal deficit.
The Internet-based auction could take as long as two weeks. Information by circle as of today is given below (source: The Hindu)
For detailed auction reports see links from DoT website below
| Sl. No. | Auction Updates | Dated |
| 7 | 3G Auction Update: 17th April, 2010 |
17.04.2010 |
| 6 | 3G Auction Update: 16th April, 2010 | 16.04.2010 |
| 5 | 15.04.2010 | |
| 4 | 3G Auction Update: 13th April 2010 | 13.04.2010 |
| 3 | 3G Auction Update: 12th April 2010 | 12.04.2010 |
| 2 | 3G Auction Update: 10th April 2010 | 10.04.2010 |
| 1 | 3G Auction Update: 9th April, 2010 | 09.04.2010 |