The government has received bids worth Rs. 56,190 crore from telecom companies so far after 40 rounds of bidding on the sixth day of the ongoing spectrum auction on Saturday for 900 Mhz and 1800 Mhz bands.
"A total of 40 rounds are over. Bids worth around Rs. 32,833.72 crore are received for 1800 Mhz and Rs. 23,356.18 crore for 900 Mhz. A total of Rs. 56,189.90 crore," Telecom Secretary M F Farooqui said.
The auction started off with the 36th round on Saturday morning. At the end of 35 rounds on Friday, bids worth around Rs. 54,600 crore had been received by the government.
The government is also auctioning radio waves in the 900 Mhz band in Delhi, Mumbai and Kolkata, which are held by Vodafone, Airtel and Loop Mobile, as their licences are expiring in November.
"A total of 40 rounds are over. Bids worth around Rs. 32,833.72 crore are received for 1800 Mhz and Rs. 23,356.18 crore for 900 Mhz. A total of Rs. 56,189.90 crore," Telecom Secretary M F Farooqui said.
The auction started off with the 36th round on Saturday morning. At the end of 35 rounds on Friday, bids worth around Rs. 54,600 crore had been received by the government.
The government is also auctioning radio waves in the 900 Mhz band in Delhi, Mumbai and Kolkata, which are held by Vodafone, Airtel and Loop Mobile, as their licences are expiring in November.