New Delhi: The ongoing spectrum auction commenced for the eighth day today, entering the 50th round, with the government already receiving bids worth Rs 58,332 crore. “The auction started in the morning. Bidding is going on,” an official said. Bids worth Rs 34,743.2 crore have been received for 1800 MHz and Rs 23,589.62 crore for […]

New Delhi: The government has begun the auction for the 2G spectrum with a hope to meet the Rs 40,000 crore revenue budget. Five bidders, namely, Bharti Airtel, Vodafone, Idea Cellular, Telenor and Videocon are bidding for the GSM (Global System for Mobiles) airwaves. There are no bidders for the CDMA (Code Division Multiple Access) […]