Spectrum acquisition in recent auctions to fill certain gaps in some circles has put VIL on a strong footing to be competitive in market, ensuring all elements are now in place to offer improved services and compelling proposition to customers, a senior company official said. Vodafone Idea Limited (VIL) Chief Regulatory and Corporate Affairs Officer, P Balaji sought to debunk the myth that VIL may not have acquired large amounts of spectrum due to financial constraints. He asserted that the company had bid for just as much radiowaves, as it needed to boost its services and coverage. The company has adequate spectrum to meet customers requirement and to be competitive in the market, he told PTI.
Updated Mar 02, 2021 | 18:41 IST
At Rs 57,122 crore, Reliance Jio emerged as the largest bidder followed by Bharti Airtel which placed bids worth Rs 18,698.75 crore and Vodafone Idea Ltd (Vi) picked up Rs 1,993.40 crore worth airwaves. First 4G spectrum auction in 4 years garners Rs 77.8K crore; Jio bids big | Photo Credit: BCCL
Key Highlights
Bids worth Rs 77,814.40 cr were received in 800 MHz, 900 MHz, 1800 MHz, 2100 MHz and 2300 MHz bands. There were no takers for the premium 700 and 2500 MHz bands
DoT aimed to raise Rs 3.92 lakh crore through the spectrum sale
India’s first 4G spectrum auction in almost five years which began on Monday garnered Rs 77,814.80 crore from telecom companies over two days. Telecom Department Secretary Anshu Prakash said spectrum auctions were concluded at 12.45 pm on Tuesday after six rounds of bidding.
votes. sure. it was worked on late into the early morning hours and today. the announcement, it was done after midnight. let s take a look at what is in here as speaker boehner says, the devil is in the details of this bill. specifically, ebbs tend the payroll tax cut, add $100 billion, deficit no longer paid for. huge concession by the gop. extend unemployment benefits, however, there will be reforms in there to bring them down to around 63 weeks for a lot of states. and then extend the medicare doc fix so doctors who take medicare patients see a 27% reduction in their pay. how are the unemployment benefits and the medicare doc fix paid for? that was what there is a lot of negotiation about yesterday. and all throughout this week. essentially what you re going to see is a spectrum sale by the government so that media companies can buy up spectrum. as well as federal workers will have to new federal workers will have to put more on their pension plans than previously before. we wil
negotiations, the tax cut was extended. i m joined now by a democrat from new york. good to see you, congressman. good morning. thank you, chris. great to be with you. are you happy with this deal? well, i m still going through the deal. we re still reading through it, my staff and i are going through it. there are some aspects of it that jumped out that we like, in particular the spectrum sale. that will make available for first responders, you know, the interruptibility that we ve been looking for since 9/11 so they can talk to each other. know where the danger spots are and have that communication going, which is critical. what i m very disappointed in, though, chris, quite frankly, is the failure to find a permanent solution to these sustainable growth rate for doctors or the doc fix, as it s called. to make sure that sdrs are getting paid what they deserve to be paid. if this is a temporary fix until the end of the year but i was look more for a permanent fix.