New Delhi, Jun 11: Government raised around Rs 38,300 crore when the 16-day long auction for the Broadband Wireless Access (BWA) spectrum came to an end on Friday, Jun 11.
The highest bid of Rs 2,293 crore was achieved by Mumbai and the second highest of Rs 2,241 crore, by Delhi. Qualcom and Infotel won the licence for both Mumbai and Delhi. Bharti and Qualcom won the bids for four broadband circles.
BWA auction had two slots of 20 MHz of pan-India spectrum. BSNL and MTNL will have to pay the equivalent of the winning bid in each service area. BWA spectrum provides the high-speed internet access as well as Internet telephony and TV services. It also enables voice and high-speed data services.
Around 11 companies including Bharti Airtel, Reliance, Idea Cellular, Aircel, Vodafone and Tata Communications Internet Services, participated in the auction for Broadband Wireless Access spectrum.