Spectrum Auction Results
India's 2014 2G auctions ended yesterday after just 11 days
and 68 rounds of bidding. Through these auctions, the Indian
government was able to raise Rs 61,162.22 crores from the sale of
353.2 MHz of spectrum, with the two circles of Delhi and Mumbai
accounting for 57% of the total money raised.
You can read what the participating telecom operators are saying
about the 2014 2G auction results here.
Competition Scenario
The auctions are likely to reset competition scenario in the
country. Considering large stakes are involved for the government
and telcos, we should not be surprised if the auctions go on for
over 100 days," said Hemant Joshi, a partner at Deloitte
Haskins and Sells, an audit and consultancy firm. "With the
very low ARPUs (average revenue per user) and proliferation of net
neutrality, telcos' profitability and cash flow will be
negatively impacted on account of the auctions and will further
leverage the strained balance
