Monday, 3 February 2014

2G auction bids reach Rs44.6 crore on Day 1

“Bids were received in all 22 service areas in 1800 MHz band and in all three services areas in 900 MHz band but the value additions to take the bid forward were much less than what the operators had been putting forward in the 3G or BWA auctions,” he added.

Speaking to dna Rajan Matthews, director-general, COAI, said: “It may be pure speculation that Reliance Jio Infocomm will bid aggressively in the 900 Mhz band, as it may be more rational  for their strategy to only bid for 1800 Mhz spectrum. Idea Cellular may bid aggressively for 900 MHz spectrum as it may be quite interested in the Mumbai circle, which fits in well with its Maharashtra circle footprint aspirations.”

Another expert who denied to be named said, “It is not surprising to see the auctions catching pace right on the first day. The level of participation was expected to be high because there is so much on stake. Leading players have to get their spectrum back.”

“New entrants want enough spectrum so as to launch its services in areas they do not operate in. Plus as compared to previous auction the government has brought in the much needed clarity in some of the key issues so that has added to the demand.” he added.

Talking about Reliance Jio he said that they will be a little aggressive as they plan to offer voice so they want to have some amount of liberalized spectrum.

“The auctions will go on for a while now,” said an expert denying any speculation that this will be another failed spectrum auction.

Altogether eight players have participated in this auction. While Bharti Airtel, Aircel, Idea Cellular, Reliance Jio Infocom and Telewings are the operators who are particpating in all the circles.
Vodafone, Tata Teleservices and Reliance Communications are bidding only in select circles. Read more

Source: Hindi News

From DNA News

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