BWA Auction Update Day 7: Bids up to $1.68B

in News, BWA, India, WiMAX

India’s BWA/WiMAX spectrum auction is gaining momentum as the bidding price has reportedly zoomed to Rs 79.43 billion (US$1.68 billion) on the 7th day of the auction. 

So far 52 rounds has been completed including 8 of today. See below statewise details reported by the country's Department of Telecommunications today.

The bid for Delhi and Mumbai touched Rs 11.73 billion each at the end of 52 rounds. Tamil Nadu closed at Rs 10.84 billion, Karnataka at Rs 9.48 billion, the rest of Maharashtra at Rs 8.46 billion, Andhra Pradesh at Rs 8.10 billion, and Gujarat at Rs 4.79 billion.

 

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