Spectrum auction: The action now shifts to 800MHz

On Thursday, the 13th day of the ongoing spectrum auction, there were no bids for 900 MHz band, suggesting that the fiercely fought auction for this premium band may have finally drawn to a close.

In 800MHz, price growth continued in six circles. Kerala and Himachal Pradesh were the only two circles where bids increased in the 1800 MHz. Aggregate 900 bid price has now crossed Rs 6,300 crore per MHz, the premium being 87.1% over the reserve price. Here’s a look...