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India 3G Spectrum Bid Results: What Operators Said

Posted by Unknown Labels:

At the closer of the India’s 3G auctions, most of bidders including the biggies Bharti Airtel, Vodafone and Reliance Communications emerging winners for the 3G airwaves. While latest entrant in GSM arena Videocon Telecommunications Ltd and Etisalat DB were unable to win a single circle.

The GSM biggies Vodafone Essar, Bharti Airtel and dual technology operator Reliance Communications (Rcom) bagged the lucrative Delhi and Mumbai circles for a whopping Rs.3316.93 crore & Rs 3247.07 crore respectively and hope to get good 3G subscriber base initially with the commercial launch in both circles.

India’s largest GSM service provider Bharti Airtel, which had pan-India 3G ambitions, had to settle for just for 13 telecom circles along with Reliance Communications and Aircel. The company said in a statement “We would like to point out that the auction format and severe spectrum shortage along with ensuing policy uncertainty, drove the prices beyond reasonable levels. As a result, we could not achieve our objective of pan India 3G.



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