BWA Auction Update Day 2: Bids Reach $670M

in News, BWA, TD-LTE, LTE, WiMAX

BWA Auction has reached to 3199.29 crore ($670 million) rupees at the end of Day. So far 10 rounds of auction has been completed.

Today the Pan-India BWA license cost rose by 844.76 crores. See below statewise details reported by the country's Department of Telecommunications today

11 telecom companies  "Aircel Ltd, Augere (Mauritius), Bharti Airtel, Idea Cellular, Infotel Broadband Services, Qualcomm, Reliance WiMax, Spice Internet Service Provider, Tata Communications Internet Services, Tikona Digital Networks and Vodafone Essar"  have qualified for the broadband and wireless access (BWA) auction. 

The reserve price for BWA spectrum has been fixed at Rs 1,750 crore and only two slots of 20 MHz each are on the block.

Companies bidding for the 2.3 GHz BWA spectrum include Qualcomm, who wants to use the spectrum for TD-LTE in India


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