3G auction: Bids slow down at process completes two weeks

Starts 3rd October

Vanita Keswani

Madison Media Sigma

Poulomi Roy

Joy Personal Care

Hema Malik

IPG Mediabrands

Anita Kotwani

Dentsu Media

Archana Aggarwal

Ex-Airtel

Anjali Madan

Mondelez India

Anupriya Acharya

Publicis Groupe

Suhasini Haidar

The Hindu

Sheran Mehra

Tata Digital

Rathi Gangappa

Starcom India

Mayanti Langer Binny

Sports Prensented

Swati Rathi

Godrej Appliances

Anisha Iyer

OMD India

3G auction: Bids slow down at process completes two weeks

NEW DELHI: The top bid for 3G - which has already reached more than double the opening price - appeared to be slowing down, with just a marginal increase to Rs 10832.7 million for Delhi at the end of 76 rounds on the 13th day today.

However, with Mumbai‘s final bid rising to Rs 10799.3 million, it showed every sign of overtaking Delhi with a price increment application of Rs 400 million for tomorrow as against just Rs 108.3 million for Delhi.
 
The rest of Maharashtra peaked at Rs 7691 million, with Tamil Nadu at Rs 7468.4 million. Karnataka closed at Rs 6913.4 million while Andhra Pradesh had a bid of Rs 6851.6 million and Gujarat closed at Rs 6316.5 million. Kerala rose marginally to Rs 2561.8 million while Kolkata clocked Rs 2411.6 million respectively.

The bids for some states are expected to rise very little, with no applications for price increment for tomorrow‘s round. These include Maharashtra, Gujarat, Tamil Nadu, Kerala, Haryana, West and East Uttar Pradesh, West Bengal, Rajasthan, Assam, Jammu & Kashmir, Himachal Pradesh, and the North-East.

West Uttar Pradesh clocked Rs 3005.7 million. Punjab stopped at Rs 1448.8 million and Haryana closed at Rs 2182 million. Madhya Pradesh and Bihar rose marginally to Rs 2362.7 million and Rs 344.1 million respectively. Rajasthan rose to Rs 2479.8 million and that of Assam and Orissa to Rs 309 million. 
 
The bids for some states remained unchanged: East Uttar Pradesh at Rs 2575.1 million, West Bengal at Rs 1236.3 million, the North-East at Rs 306 million, and Jammu & Kashmir and Himachal Pradesh service areas at Rs 300 million each.

The telecom operators in the race are Aircel, Bharti Airtel, Etisalat DB Telecom, Idea Cellular, Reliance, S Tel, Tata Teleservices, Videocon Telecommunications and Vodafone Essar.

The successful bidders would be allowed to start commercial 3G operations from 1 September.

A total of 11 telecom companies- Aircel Ltd, Augere (Mauritius), Bharti Airtel, Idea Cellular, Infotel Broadband Services, Qualcomm, Reliance WiMax, Spice Internet Service Provider, Tata Communications Internet Services, Tikona Digital Networks and Vodafone Essar - have qualified for the BWA auction, according to the Department of Telecommunications (DoT).