The BWA auction is turning out to be as profitable as the 3G auction, exceeding everyone’s expectations.
For a quick round up of day 13 here are the important figures.
The pan-India price has surged Rs 9767.90 crore from the base price of Rs 1750 crore fixed by the Government of India for the two slots of 20 MHz it is auctioning. At this pace the projected earnings of the government stand at get Rs 34,554 crore taking total revenues to a mind boggling Rs 1,02,273 crore from 3G and BWA put together.
The individual break-up of the prices for different circles is as given here:
Mumbai-Rs. 1,993.02 crore
Delhi – Rs.1942.18 crore
Tamil Nadu-Rs . 1783.33 crore
Karnataka – Rs 1411.1 crore
Maharashtra- Rs 915.6 crore
Andhra Pradesh-Rs. 939.99 crore
Gujarat- Rs 572.59 crore
Kolkata- Rs 523.20 crore
Excess demand was experienced by Delhi, Mumbai, Kerala, Madhya Pradesh, Himachal Pradesh, Bihar and Orissa. Maharashtra, Gujarat and Andhra Pradesh circles reported deficient demand.
Having completed 102 rounds of bidding, the auction is expected to end in this week. The average increase per round has touched Rs. 86.58 crore. MTNL, which will contribute Rs. 3935.20 crore to the government’s revenue, has issued a tender notice seeking a loan of Rs. 4000 crores.
A total of 11 private companies are bidding for these circles. BSNL and MTNL have already been given the BWA spectrum ahead of private players and will have to pay the equivalent of the winning bid in each service area. Apart from Bharti Airtel, Reliance, Idea Cellular, Aircel, Vodafone and Tata Communications Internet Services, the BWA bidders also have four new players — Augere, Tikona Wireless, Infotel Broadband Services and Qualcomm, and Spice Internet and Infotel.