May 20, 2010
It took a total 34 days for the Indian Government to raise $15 billion from the 3G spectrum auction. The amount is too high as compared to what the Indian government initially expected. The government raised approx twice the amount i.e 677.1 billion rupees ($14.7 billion) from the 2100MHz auction alone when compared with the [...]
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April 16, 2010
Five days in and India’s 3G auction has attracted more than $4 billion in bids. With six rounds complete, bidding closed yesterday at 196.68 billion rupees ($4.44b), which means the government is more than half way to achieving its 350 billion-rupee target. Yesterday was the highest single day of bidding, drawing some 48.31 billion rupees, [...]
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