Helped by good demand for spectrum across all available bands, the government received bids worth ₹1.49 lakh crore at the end of second day of the auction, with bidding to continue on Thursday too.
Five rounds of bidding were conducted on Wednesday, taking the total number of rounds in the auction so far to nine.
“I am happy that there is very good competition. Now there is competition in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2500 MHz, 3300 MHz and 26 GHz bands…there's good competition across this table,” Telecom Minister Ashwini Vaishnaw said.
