New Delhi, Apr 19 (PTI) Ensuring a minimum of Rs 24,620 crore to the government's kitty, the price for all-India 3G spectrum rose to Rs 6,068 crore on Day 8 of the auction and the bidding is still going strong.
The Delhi circle continued to be the most in demand with the bid price going up to Rs 691.20 crore against the reserve price of Rs 320 crore.
The government has set a target of generating up to Rs 35,000 crore from the sale of spectrum for 3G telephony and broadband wireless access (BWA). The auction for BWA will start two days after that of 3G.
The base price for pan-Indian 3G licence was fixed at Rs 3,500 crore.
Earlier during the day, Telecom Minister A Raja exuded confidence that the government's revenues may exceed the target of Rs 35,000 crore.
Monday, April 19, 2010
3G auction: Govt set to get Rs 24K cr
TAFF WRITER 21:5 HRS IST
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