3G auction – the usual suspects
In what seems like deja vu, only the existing 2G players have thrown their hat in the ring for the much delayed auction for all India 3G spectrum, which will *finally* begin next month, on April 9.
These nine players are
- Aircel
- Bharti
- Etisalat
- Idea
- Reliance
- S Tel
- Tata Teleservices
- Vodafone
- Videocon
For auction of BWA – Broadband Wireless Spectrum, the DoT has got 11 applications of which four are new entrants – Augere, Tikona, Infotel and Qualcomm.
The reserve price for pan-India 3G spectrum and BWA is Rs.3,500 crore and Rs.1,750 crore respectively.
The government expects to rake in around Rs.40,00-Rs.45,000 crore, though in the absence of any global player, bidding is likely to be muted and conservative and not aggressive, so I think this is a bit of an ambitious target given that it is also not all that clear who will bid for how many circles.
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