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India starts spectrum tender, bids top INR 535 bln

2016-10-03 11:11:00| Telecompaper Headlines

(Telecompaper) India has launched its largest ever spectrum tender. The 1800 MHz and 2300 MHz bands, for provision of 4G services, saw the highest interest after five rounds of bidding on 1 October, ET reports, citing data released by India's Department of Telecom (DoT). Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm have placed bids worth a total INR 535.3 billion. The 700 MHz band failed to attract bidders in the first day of auction.

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