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Spectrum auction: Government eyes Rs 80,000 crore; call rates may rise

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By Newsgram  Staff  Writer

The Union Ministry of Communications & Information Technology is eyeing Rs 80,000 crore from the spectrum auction which started  Wednesday.

The 2100 MHz, 1800 MHz, 900 MHz and 800 MHz bands are up for grabs in the auction. The first day, 4th March 2015, saw six rounds of aggressive bidding from the telecom operators.

As of now, the bidders have come forward with bids worth approximately Rs 60,000 crore against Rs 49,000 crore, which was the value of provisionally won spectrum. The unsold spectrum would go on sale on 5th March 2015 at 9am.

The experts say that Government’s plans of fetching bids worth Rs 80,000 crore would be comfortably fulfilled since a number of permits held by major telecom operators are near their expiry. A total of 29 licenses are scheduled to expire in the current year.

telecom

With Airtel’s Sunil indicating that aggressive bidding would result in a rise in tariff, this auction may not bring in great news for the end consumers. Anil Ambani group’s Reliance Jio is being touted as the black horse in the race after it put in the highest earnest money (Rs 4,500 crore) among the operators. Idea Cellular currently holds 900 MHz bands in nine circles which are being auctioned. With most of its revenue coming from these circles, it would be interesting to see how far it is willing to go to retain them in its kitty.

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Reliance Jio Adds 85 Lakh Subscribers in December; Airtel, Vodafone Idea Lose Users

The total subscriber base of Airtel was 34.03 crore, down 15.01 lakh from November, the data showed

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Jio
Jio services now include attractive lifestyle products as well. (Wikimedia Commons)

Reliance Jio continued to increase its subscriber base in December as other major telecom operators Vodafone Idea and Bharti Airtel lost users during the period, data released by the Telecom Regulatory Authority of India (TRAI) showed on Wednesday.

Reliance Jio added 85.6 lakh subscribers during the month under review, taking its total subscriber base to 28.01 crore.

“Total wireless subscribers (GSM, CDMA and LTE) increased from 1,171.76 million (117.17 crore) at the end of November 2018 to 1,176.00 million (117.6 crore) at the end of December 2018, thereby registering a monthly growth rate of 0.36 per cent,” TRAI said in a statement.

Reliance Jio. Source: www.reliancejio.website

Vodafone Idea, the largest telecom operator in terms of subscribers, lost around 23.32 lakh subscriptions and its base by December-end stood at 41.87 crore.

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The total subscriber base of Airtel was 34.03 crore, down 15.01 lakh from November, the data showed.

On region-wise subscription trend, TRAI said that “during the month of December 2018, all service areas except the northeast, showed positive monthly growth in their wireless subscribers”. (IANS)