New Delhi, May 19: The auction for 3G mobile licence closed today, leaving Finance Minister Pranab Mukherjee with Rs 67,710 crore (around USD 15 billion) – twice the revenue he expected to raise.
The pan-India bid for third generation spectrum stood at Rs 16,750.58 crore and Anil Ambani-led RCom bagged the highest number of 13 circles, followed by Bharti in 12, Idea in 11 and Vodafone and Tatas in nine circles each, according to the Department of Telecom (DoT).
Key circles Mumbai and Delhi went to Bharti, Vodafone and RCom. Delhi spectrum went for Rs 3,316.93 crore, while that the bid for Mumbai closed at Rs 3,247.07 crore on the 34th day of auction.
No single player could bag pan-India licence for 3G mobile services. .
–Agencies