India's 3G spectrum auction Day Two update

10 Apr

The second day of the bidding for 3G spectrum in India saw bids increasing marginally after yet another 5 rounds of bidding. In all, 10 rounds have been completed and the bids for a Pan-India license has crossed Rs 4,000 crore. The base price was Rs 3,500 crores when bidding started yesterday. The bidding will resume again on Monday. Today’s auction figures can be found here.

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