To 3G Or Not 3G?

10 years ago, UK raised $34 billion for the sale of 5 3G licenses. Yes – 10 years ago. In 2010, India raised Rs.67,710 crore (approx $15 billion) by auctioning 3G spectrum in 22 circles. In the months, since the auction some have labelled 3G – ‘A winner’s curse’ citing UK’s example from a decade ago, where after paying hefty amounts for licenses, there wasn’t...
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Day 6: Broadband Wireless spectrum bids touch Rs.7221 cr

The BWA auction is turning out to be as exciting, rapid and most importantly profitable as the 3G auction.For a quick round up of day 6 here are the important figures. The pan-India price has surged Rs 5471.64 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...
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Day 1 – Broadband Wireless Bids Reach Rs.2,353 crore

The auction for broadband wireless access (BWA) began yesterday with the bids moving up by 34.4% on day 1 itself. The base price of the BWA auction was at Rs.1,750 crore which moved up to Rs 2,353 crore. There are 11 biddes for two slots of 20 Mhz each. This means that this auction might go on for a longer time than the 3G auctions which had 9 bidders for 3 slots.The bidders include Bharti Airtel,...
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3G To Be Very Expensive Sirji!

Well if you thought the auction of 3G would bring in cheap and super fast internet browsing in the years to come then you can be very disappointed. This is because the manner in which 3G auctions is played out the only person benefitting from the spectrum auction would be the government that will laugh its way to the bank. The 3G auction has reached unexpected overall numbers and bidding still continues...
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Mobile Round Up: 3G Hits 3 Billion, Aircel – Facebook, Jet Airways Goes Mobile

3G Hits 3 Billion We have already told you about the huge amount of money that the Govt. will be making from the 3G Auctions. Now with 148 rounds of bidding completed, the bids for a single set of 3G mobile spectrum licences in India has reached 134.74 billion rupees ($3 billion) on the 26th day of an auction according to the government data. The base price of the licenses were set at 35Billion INR...
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Mumbai Overtakes Delhi In 3G Auction Race

The bids seem to be going higher and higher each day as the 3G aution unfolds in the country. At the end of day 14 Mumbai had overtaken Delhi with the bids reaching a total of  Rs 1,252 crore for Mumbai vis a vis  Rs 1,209 crore for Delhi. This is almost 4 times the original base price of both these cities which is pegged at 320 crore.As stated earlier the bids are surely going to make the Government...
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3G Bidding Reach Dizzy Heights – Delhi – Mumbai In The Fray

Saturday took the 3G bidding to a dizzy height. The bidding reached Rs 7,900 crore at the end of bidding on Saturday which is more than double the initial base price of Rs 3,500 crore which was set at the start of the bidding on 9th of April. The bidding amounts have scaled over 76 rounds of bidding which have taken over 13 days to be complete.We blogged about the highest increase in the bidding...
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3G Auctions – Day 7 Report: Delhi Hot Favorite Among Bidders

As predicted correctly by various market analysts that the 3G bidding which failed to start as expected but has caught pace gradually. At the end of the 7th day of the 3G Spectrum auctions, the overall bid price for all the circles had touched a figure of Rs 5,710.36 crore which is almost Rs 2,200 cr more than the initial base price of Rs 3,500. An overall growth of 63 percent!The auctions started...
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Telecom RoundUp: MTNL Doubles Broadband Speeds, Law Ministry’s Green Signal To 3G Auction, Bharti-Zain Deal: $9B,

MTNL Doubles Broadband Speeds State run Mahanagar Telephone Nigam Ltd (MTNL) has given it’s customers another reason to be happy. It has increased the download speed in it’s unlimited broadband plans and has launched the VDSL (very high bit-rate digital subscriber line) broadband service. According to a news report MTNL says the download speeds for ‘unlimited plans’ of 256Kbps,...
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Telecom Roundup: Essar Eyes African Telecom, 3G Auction Postponed

Essar Eyes African Telecom It seems that Africa has become a de facto ground for any Indian Telecom company that is planning to invest abroad and why should it not be? African nations are undergoing a development phase and major changes and naturally become a sweet spot for the investment in various avenues. The average mobile penetration for the continent is 37 per cent, expected to rise to 61 per...
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