4G spectrum auction: The government got Rs 77,800 crore

The government has received Rs 77800 crore in the 4G spectrum auction. The government conducted a two-day bid for the spectrum auction, which began on Monday. This was the lowest time in recent years for auction of spectrum. Despite the short time, the government expects to get the second highest amount from this spectrum auction. The government had received Rs 1,13,932 crore in the 2015 auction. In the spectrum auction ended today, Reliance Jio Infocomm, Bharti Airtel and Vodafone Idea (Vi) bid. The airwave permits of these companies expire in July, which these companies mostly bid to renew.

How was the first day
Telecom operators on Monday bid for Rs 77,146 crore for 4G spectrum on the first day of the spectrum auction held for the first time in 4 years. They were much better than the government had expected. The government was expecting a bid of only Rs 45,000 crore. The Department of Telecommunications (DoT), however, aims to raise at least Rs 3.92 lakh crore from the auction of 2,308.8 MHz spectrum.

Bids received for radio airwaves
The three big telecom operators, Reliance Jio, Bharatiya Airtel and Vi, participated in the auction. Yesterday, bids were received for radio airwaves in the 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz and 2,300 MHz bands. Spectrums were not sold in the 700 MHz and 2,500 MHz bands on the first day. Let us know that a total of 7 companies took part in the last auction held in 2016.

How was the auction
The government received bids for 89 per cent in the 2,300 MHz band, while 65 per cent of the 800 MHz spectrum was purchased. The 900 MHz, 1,800 MHz and 2,100 MHz airwaves received 38 per cent, 41 per cent and 9 per cent bids, respectively. The government will soon make an announcement for the 5G trial. But no deadline has been fixed for the auction of spectrum in the 3,300-3,600 MHz band. In this megahertz, spectrum is set by TRAI for 5G. ConnexionBlog