- The country's biggest-ever spectrum auction got off to a flying start
- Day 1 saw total bids worth around Rs 53,531 crore
- The spectrum auction will resume on Monday
The auction of airwaves today saw total bids worth around Rs 53,531 crore at the end of five rounds of bidding, official sources told PTI. (READ ALSO: 10 Things At Stake In Mega Spectrum)
The spectrum auction will resume on Monday.
In the five rounds conducted today, operators showed high level of interest in spectrum bands of 1800Mhz, that can be used for delivering 2G/4G services, followed by 2100Mhz (3G/4G) band, 2500 Mhz (4G) band, 2300 Mhz (4G) and 800 Mhz (2G/4G) bands.
According to data released by the Department of Telecom after the close of Day-1 bidding round, most of the action was seen in 1800Mhz band - earlier known as 2G spectrum - with bidding in 19 of 22 telecom circles including Delhi, Mumbai, Kolkata, Gujarat and UP (East and West).
The 2100 Mhz used for 3G services saw demand in 9 out of 22 telecom circles including Delhi, Rajasthan, Bihar, and UP East.
The spectrum band of 2300Mhz and 2500Mhz which went under the hammer after six years also witnessed demand in various circles. The 800 Mhz band saw activity in circles of Gujarat, Punjab, UP (East) and Rajasthan.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)