Zee Media Bureau
New Delhi: Government will get upfront payment of Rs 28,872 crore from spectrum auction, Telecom Minister Ravi Shankar Prasad said on Thursday.
Ideal Cellular, which provides mobile services using GSM technology, bid a maximum of Rs 30,306.98 crore to buy spectrum in the 900 megahertz, 1800 MHz and 2,100 MHz bands. Airtel bid Rs 29,130.20 crore in the same bands, which also saw Vodafone commit Rs 29,959.74 crore.
New entrant Mukesh Ambani-run Reliance Jio bought radiowaves that carry mobile telephony calls and data in 800 MHz and 1800 MHz for Rs 10,077.53 crore.
His younger brother Anil's Reliance Communication also bid in the same bands but walked way with lesser spectrum for Rs 4,299.13 crore.
While Norway's Telenor was the only company out of the 8 that participated in the auction but did not to win any radiowaves. Tata Teleservices bought Rs 7,851.33 crore of spectrum in 800 MHz and 1800 MHz. Aircel will pay Rs 2,250 crore to buy spectrum in 1800 MHz band.
With PTI Inputs
