3G Auction is finally over and the results are out ! Here are the complete details about the 3G spectrum winners.
The Government is expected to add 70,000 crore rupees to its Kitty. The Auction ended after 34 days days of intense bidding and 183 rounds.
The government had budgeted revenues of Rs 35,000 crore from sale of air waves for 3G and Broadband Wireless Access (BWA) put together. But the 3G pricing itself has given them double the amount, which will surely help bring deficit down to a large extent. The auction for Broadband Wireless Access (BWA) spectrum would begin soon after the 3G auction is over.
It is also interesting to note that Government run BSNL & MTNL will be paying equivalent amount set during this auction, which is roughly 16,828 crore rupees.
3G Auction Winners – Provisional Results
Our previous 3G Auction coverage