The telecommunications department on Friday ended the awarding of winning frequencies at the recently concluded auctions, saying 30 2,306.97 crore received earlier than expected by Reliance Jio and Bharti Airtel by providing the spectrum immediately, rather than the expected date.
As part of the regular budget, the government accepted the request of two telephone operators Bharti and Reliance Jio for the supply of unpaid spectrum blocks available in lieu of spectrum blocks in the same band and circles allocated for future days, the official release said.
“The total amount of 0 2306.97 crore (₹ 157.38 crore from Bharti and ₹ 2149.59 crore from Reliance Jio) was received immediately by the Government, not in August / September, 2021,” it said.
The statement added that the Telecom (DoT) Department had successfully completed the awarding of frequencies to the successful applicants at the spectrum 2021 auction. Letters were usually given to those who performed well on bids on Friday.
The frequency allocation was accompanied by a frequency synchronization function, where the spectrum blocks allocated to Telecom Service Provider (TSPs) auction at the current spectrum auction were combined with existing spectrum blocks, where possible, in various groups in the various licensed Service Locations (s). -LSA), informed.
“Spectrum integration was achieved in 19 LSAs with 800 MHz band, 8 LSAs in 900 MHz bands, 21 LSAs in 1800 MHz bands, 3 LSAs in 2100 MHz band, and 16 LSAs to 2300 MHz band, “it said.
The DoT explained that the synchronization system facilitates the efficient use of staff-held spectrum, which in turn leads to improved customer service quality.
It is worth mentioning here that 855.60 MHz of spectrum at 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, and 2300 MHz bands were acquired by TSPs at a recent spectrum auction, held in early March.
The amount paid by successful customers for the total amount acquired stood at ₹ 77,820.81 crore. In this case, a total of 21,918.47 crore was received as a prepaid amount from the players on March 18, 2021, in accordance with the terms and conditions.
Billionaire Resistance Jio Mukesh Ambani has spent a lot of money on auction, taking the 488.35 MHz spectrum to bands like 800 MHz, 1800 MHz and 2300 MHz over over 57,100 crore.
Bharti Airtel has won the right to use a total of 18,700 crore.
At Vodafone Idea, the price of the display purchased at auction was indicated at ₹ 1,993.4 crore.
There were no spectrum pickers on the 700 MHz and 2500 MHz bands at the latest auctions.