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India telecoms auction raises $10bn
2014-02-13 19:13:08| BBC News | Business | UK Edition
India's mobile phone firms bid almost $10bn in a key auction for the country's second-generation (2G) telecoms licences.
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Indian spectrum auction raises almost USD 10 billion
2014-02-13 15:51:00| Telecompaper Headlines
(Telecompaper) The Indian government has raised over INR 611 billion (USD 9.9 billion) from the auction of spectrum licences in the 900 and 1,800 MHz bands, well ahead of its previous projections. Vodafone India said it spent INR 196 billion (USD 3.15 billion) to retain its existing spectrum in the 900 MHz band and extend and acquire new licences on the 1,800 MHz band. The mobile operator said it was pleased with the outcome of the spectrum auction, which sees it hold on to its rights in the 900 MHz band in the major cities Mumbai, Delhi and Kolkata. It also bought 1,800 MHz frequencies in 11 circles - Mumbai, Delhi, Kolkata, Karnataka, Kerala, Gujarat, UP East, Rajasthan, Haryana, Andhra Pradesh and Punjab. The company will need to pay an initial INR 56 billion this fiscal year for the licences, with the remainder spread over the life of the licences. Uninor confirmed that it acquired spectrum in the 1,800 MHz in four its existing regions, UP East and West, Bihar and Andhra Pradesh, as well as the new circle of Assam, for a total cost of INR 8.45 billion. Other bidders in the auction included Bharti Airtel, Reliance Communications, Aircel, Idea Cellular, Tata Teleservices and Reliance Jio Infocomm. The Department of Communications has released details on the winning bids for each of the new licences, but has yet to disclose the results per operator.
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Rollover Auction Raises $53,000 For Frey Children Memorial
2013-12-16 23:21:00| Beef
Dave Nichols When good people suffer adversity, there are lots of ordinary cowpokes who are willing to open their pocketbooks to help those who are suffering. read more
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California Carbon Auction Raises $297 Million
2013-11-26 07:10:46| Chemicals - Topix.net
The state's fifth auction on Nov. 19 sold all 16.6 carbon allowances , with firms including Exxon Mobil and Dow Chemical paying $11.48 per allowance to release 1 metric ton of carbon as early as this year.
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Taiwan's 4G auction raises TWD 118.65 bln
2013-10-31 01:18:00| Telecompaper Headlines
(Telecompaper) Taiwan's 4G spectrum auction has raised TWD 118.65 billion, more than triple the reserve price. Winners include Chunghwa Telecom, Taiwan Mobile, Far Eastone Telecommunications (FET), Asia Pacific Telecom, a company backed by Ting Hsin International Group, and Hon Hai Precision Industry, Reuters reports. Hon Hai bought two licences in the 700 MHz and 900 MHz band for TWD 9.18 billion. Meanwhile, CNA writes that Chunghwa was the largest winner, securing three blocks for an estimated TWD 39.58 billion.