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3G bids up 46% from base to Rs5,096 cr

3G bids up 46% from base to Rs5,096 cr
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First Published: Fri, Apr 16 2010. 07 37 PM IST
Updated: Fri, Apr 16 2010. 07 37 PM IST
New Delhi: One provisional winning bid for national cover in third-generation (3G) spectrum auction rose 46% from the base to Rs5,096 crore ($1.15 billion) on the sixth day of the auction, government data showed on Friday.
A total of 34 rounds of bidding have been completed by Friday, the Department of Telecommunications (DoT) said on its website.
Nine mobile operators, including Bharti Airtel, Reliance Communications and Vodafone’s Indian unit, are participating in the auction.
The auction, which began last Friday, may take about two weeks to complete, government officials have said.
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First Published: Fri, Apr 16 2010. 07 37 PM IST
More Topics: 3G Spectrum | Telecoms | India | Airtel | Vodafone |