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Spectrum Auction Fetches a Record Rs 109,874 Crore


  • Sibal, as Telecom and IT Minister in the previous UPA government, in January 2011 had stated that there was zero loss to the Government as a result of giving away second generation or 2G telecom licences to new players on first-come-first-serve basis in 2008.


  • In the auction that closed on 25th March 2015, the government received provisional bids worth Rs 109,874 crore at the end of 115 rounds of bidding spread over 19 days.
  • Winners will have to pay a quarter to a third of the winning price within 10 days and the rest by 2027.


  • Spectrum revenue is key for the government to plug its fiscal deficit.


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