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BWA auction bids up 139%

Even as bids for pan-India Broadband Wireless Access (BWA) spectrum went up by 139 per cent from the reserve price on the third day, two bidders have left the field. Bidding price for pan-India BWA spectrum reached Rs 4,813 crore on Wednesday.

Updated on: May 27, 2010 10:17 PM IST
Hindustan Times | By , New Delhi
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Even as bids for pan-India Broadband Wireless Access (BWA) spectrum went up by 139 per cent from the reserve price on the third day, two bidders have left the field. Bidding price for pan-India BWA spectrum reached Rs 4,813 crore on Wednesday.

HT Image
HT Image

Of the 11 players in the field, seven including, Bharti Airtel, Vodafone, Reliance, Tata Communications, Idea Cellular, Aircel, Tikona Digital Networks, are existing telecom service providers. The rest — Augere Mauritius, Infotel Broadband Services, Internet Service Provider, Qualcomm — are not providing services.

Operators are bidding aggressively for BWA spectrum. “It took 12 days for third-generation (3G) spectrum auction to double its reserve price. However, BWA spectrum price doubled in just 3 days. We never expected this kind of aggressive bidding,” said an official of a company participating in the bidding.

Bids for Delhi, Mumbai, Maharashtra, Andhra Pradesh, Tamil Nadu and Karnataka reached Rs 452 crore. The price for Kolkata and Punjab circles rose to Rs 136 crore, while that for Kerala touched Rs 107 crore.

The government is eyeing Rs 15,000 crore through the sale of two slots of BWA spectrum.


Towards a New Digital World

Broadband Wireless Access (BWA) is primarily used for high-speed data download services

 
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