After 19 days and 115 rounds,
India?s largest ever spectrum auction has concluded. The auction saw sharp bidding in the 800MHz and 900MHz bands, while interest in the other two bands (1800 and 2100 MHz) was relatively subdued.
Bidding intensity was the highest in the 900MHz band, where the final clearing price is 118% higher than the reserve price. This was followed by 800MHz spectrum in which final price was 53% higher than the reserve price. Bidding activity was consistently muted in the 1800MHz (telcos having acquired spectrum in this band in the previous auction) and 2100MHz (high future visibility considering the Govt plans to auction a further 3 blocks) bands. The clearing prices for these bands rose 17% and 3% over their respective reserve prices
The Following Chart Shows the
Reserve Price Vs Winning Price Across all the Circles and Spectrum Bands
