Bids for 3G spectrum covering the breadth of the world’s fastest-growing wireless market continue to soar, according to India’s telecommunications department.
Companies participating in the pan India spectrum auction bid 110.47 billion rupees, or $2.46 billion, on day 22 of the auction.
As of today, the auction has completed 128 rounds of bidding. The telecommunications department said it will set the activity requirement to 100 percent in round 132. This will force companies participating in the auction to place bids on all their target service areas, signaling that the auction will begin to draw to a close.
India’s 3G spectrum auction began April 9. The country will begin auctioning off its 4G spectrum after the 3G spectrum auction closes.
San Diego-based chipmaker Qualcomm plans to participate in India’s 4G spectrum auction. The company hopes to deploy TD-LTE in India’s BWA (Broadband Wireless Access) spectrum in the 2.3 GHz band.
Filed Under: Infrastructure