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Home >> Business And Economy >> Broadband Spectrum Auction

Broadband Spectrum Auction

Posted on : Apr 14,2011

The government today raised over Rs 38,300 crore as the 16-day long auction for Broadband Wireless Access (BWA) spectrum came to an end.

The details of the BWA auction winners are still awaited from the Department of Telecom (DoT).

The total revenue of the government from sale of spectrum for both 3G and BWA stands at over Rs 1.06 lakh crore, more than thrice the earlier projection of Rs 35,000 crore by Finance Minister  in his Budget speech in February this year.

 

The government had raised Rs 67,719 crore from 3G spectrum auction.

With a windfall of over Rs 70,000 crore, the government will be in a position to improve the fiscal deficit for the current financial year.

As many as 11 companies, including Bharti Airtel, Reliance, Idea Cellular, Aircel, Vodafone and Tata Communications Internet Services, participated in the auction for Broadband Wireless Access spectrum.

BWA spectrum enables high-speed Internet access as well as Internet telephony and TV services. It can also be used for voice and high-speed data services.


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