Day One of spectrum auction nets Rs 77,146 crore, exceeding govt expectations

Pursuant to the Notice Inviting Applications (NIA), auction of spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz bands commenced at 10 AM on March 1, 2021. Four rounds of bidding took place till 6 PM. Another one or two rounds are expected March 2.

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