In all 21 rounds of bidding were concluded by end of day-3 with bids pouring in for all the 22 circles or regional zones. "Bids of around Rs 50,000 crore received at the end of 21 rounds on third day of spectrum auction," Telecom Secretary MF Farooqui said. Aggressive bidding was seen for the 900 MHz, which is in short supply and is being auctioned in just three cities, Delhi, Mumbai and Kolkata -- markets where licences of Bharti and Vodafone are to expire in November unless they buy the radiowaves in this round of auction.
"Besides 900 Mhz band, now demand for 1800 Mhz in many circles also picked up today. We will continue with auction tomorrow," he said. The auction, which began on Monday, has surpassed November 2012 and March
2013 auction both in terms of revenue and duration.