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3G bids up 81.5 pc on 9th day

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CIOL Bureau
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NEW DELHI, INDIA: Bids for a nationwide third-generation (3G) mobile spectrum licences in India rose 81.5 percent above the base price to Rs.6354 crore on the ninth day of an auction, government data showed on Tuesday.

Fifty-two rounds of bidding had been completed by Tuesday, the Department of Telecommunications said on its website.

Nine mobile operators, including Bharti Airtel, Reliance Communications and Vodafone's Indian unit, are participating in the auction.

The auction, which began on April 9, may take about two weeks to complete, government officials have said.

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