The first day of India’s spectrum auction has just wrapped up, completing five rounds, with the total bid value reaching ₹11,259 Crore across the 900, 1800, 2100 MHz and 2500 MHz bands. As I had earlier predicted, the 800 MHz band experienced no demand. This article aims to analyze the auction dynamics, exploring the bidding strategies of operators and the varying demand across different circles. Before delving into the details, let’s review a summary of the day’s outcomes, illustrated in the following image.
Overall Summary
The image below provides a detailed circle-wise breakdown for the three bands (900, 1800, 2100 MHz, and 2500 MHz), showcasing both the financial outflow and the amount of spectrum sold in each.
