Prices for 900MHz have increased by an average 75.3% over reserve price, though the pace of rise slowed materially on day 4 to 5.2% from 11.8% on day 3 and 14.8% on day 2. Spectrum renewal costs for Bharti and Idea have escalated to INR101.3bn and INR214.6bn, respectively, for 5MHz spectrum in each of the circles, an increase of 64.3% and 70.4%, respectively. The replenishment cost of entire spectrum has jumped 63.2% and 67.7% to INR151.5bn and INR282.8bn, respectively. For 900MHz spectrum, excess demand is limited to only 2 circles?Assam and Himachal Pradesh. Gujarat and UP (West), must-win circles for Idea, witnessed price escalation of 58.7%% and 208.8% over reserve prices, respectively. Price for the Rajasthan circle, a must-win for Bharti, escalated 89.4%.
