Bids for one set of nationwide wireless broadband spectrum licences reached 95.22 billion rupees ($2.03 billion) on Friday in an ongoing auction, government data showed. The current auction follows the one for third-generation (3G) spectrum that ended on May 19, after 34 days of bidding. That sale fetched 677 billion rupees in revenue for the government, nearly double the total estimated from both 3G and wireless broadband spectrum auctions.

Publish date: June 5, 2010 9:49 am| Modified date: December 18, 2013 6:22 pm