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BWA Auction Update Day 3: Bids Reach $880M
Posted on 26. May, 2010 by sujitg
in News, BWA, India, WiMAX
BWA Auction has reached to 4185.77 crore (approx $880 million) rupees at the end of Day. So far 16 rounds of auction has been completed.
Today the Pan-India BWA/WiMAX license cost rose by 987 crores. See below statewise details reported by the country's Department of Telecommunications today.
6 circles (Delhi, Mumbai, Maharashtra, Andra Pradesh, Karnataka & Tamil Nadu) saw bid price of 452.96 crores. 7 states (Haryana, Rajasthan, West Bengal, Himachal, Bihar, Orissa, Assam, North-East and J&K saw no change in their bid prices with negative excess demand.
The successful bidders would be allowed to start commercial operations from 1 September.
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