Airtel, Reliance Jio, Vodafone win spectrum as auction raises Rs. 61,162 crore for Govt

2014 Spectrum Winners

The Department of Telecom (DoT) has announced the winners in the spectrum auctions in various circles that ended after 68 rounds. At the end of the 2G auction government got bids worth Rs. 61,162 crore, much higher than their target revenue of Rs. 41,000 crore. It had put 385 MHz of radio waves in the 1800 MHz band in 22 circles and 46 MHz in the 900 MHz band in 3 circles. Reliance Jio Infocomm Ltd (RJIL) won 1800 MHz spectrum in 14 circles across India, out of 22 circles. Continue reading “Airtel, Reliance Jio, Vodafone win spectrum as auction raises Rs. 61,162 crore for Govt”