THE CENTRAL GOVERNMENT WILL GET RS.61,162.22 CRORE TOWARDS THE SALE OF SPECTRUM WHEN INTENSE BIDDING BY THE EIGHT TELECOM COMPANIES CONCLUDED AFTER 10 DAYS.ALL THE EIGHT COMPANIES INCLUDING BHARTI AIRTEL AND VODAFONE INDIA HAVE BOUGHT SPECTRUM.THE GOVERNMENT WILL NOW GET RS.18,296 CRORE FOR THE CURRENT FISCAL FROM THE AUCTION.
THE GOVERNMENT WAS EXPECTING TO GARNER RS.47,933 CRORE FROM THE SPECTRUM AUCTION AND RS.11,340 CRORE FOR THIS FISCAL.
THE PREMIUM 900 MHz BAND,AVAILABLE ONLY IN THREE METROS OF DELHI,MUMBAI AND KOLKATA BROUGHT IN RS.23,589.62 CRORE WHICH IS 85 PER CENT HIGHER THAN THE VALUE OF THE RESERVE PRICE.IN THIS CATEGORY,BHARTI AIRTEL AND VODAFONE INDIA MANAGED TO GET THE DESIRED QUANTITY OF AIRWAVES TO ENSURE UNINTERRUPTED SERVICES TO THEIR CUSTOMERS,AS THEIR LICENCES ARE EXPIRING THIS YEAR.
IN THE 1800 MHz BAND RADIO WAVES AVAILABLE IN ALL 22 CIRCLES,THE NET VALUE WILL BE RS.37,572.60 CRORE.
ALL THE 46 MHz SPECTRUM IN THE 900 MHz BAND HAS BEEN SOLD WHEREAS 78 BLOCKS OF THE 390 MHz SPECTRUM IN THE 1800 MHz BAND REMAINED UNSOLD.
THE ‘EXTREMELY SUCCESSFUL”AUCTION,AS STATED BY THE COMMUNICATIONS MINISTER HAS VINDICATED ONE SIMPLE FACT;THAT THE ESTIMATION OF THE CAG IN THE 2G SCAM WAS BASED ON CORRECT EVALUATIONS.