India spectrum auction gets bids of Rs 77,810 crore, Jio leads

New Delhi: The spectrum auction 2021 in India concluded with the government receiving total bids worth Rs 77,814.80 crore.

“The value of spectrum for which there are winning bids is Rs 77,814.80 crore. Incremental bids for Rs 668.20 crore were made on Tuesday,” said Anshu Prakash, Secretary in the Department of Telecommunications.

Prakash said that bidding took place for spectrum in 800 MHz, 900 MHz, 1800 MHz, 2100 MHz and 2300 MHz bands. The total quantity of spectrum for which right to use has been acquired in these bands is 855.60 MHz.

Three bidders – Bharti Airtel Ltd, Vodafone Idea Ltd and Reliance Jio Infocomm Limited (RJIL) – participated in the auction. Reliance Jio Infocomm was by far the biggest bidder with 488.35 MHZ of spectrum acquired for Rs 67,122 crore.

Spectrum Usage Charges (SUC) for the spectrum acquired in this auction will be payable at the rate of 3 percent of adjusted gross revenue (AGR) of the licensee, excluding revenue from wireline services.

These provisional results are subject to scrutiny and approval by the government.

Reliance Jio announced that it has successfully acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auction.

RJIL has the highest amount of sub-GHz spectrum with 2X10MHz contiguous spectrum in most circles. It also has at least 2X10MHz in 1800MHz band and 40MHz in 2300MHz band in each of the 22 circles.

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