The price for pan-India broadband wireless auction (BWA) spectrum on Saturday touched Rs. 6,300 crore, with Delhi, Mumbai and Karnataka remaining the most-valued telecom circles at Rs. 812.96 crore each.
Interestingly, the government has fixed Rs. 1,750 crore as reserve price for pan-India BWA spectrum.
With this, the Centre's earnings from BWA spectrum auction has crossed Rs. 19,000 crore, while it got over Rs. 67,000 crore from 3G spectrum auction. Against the estimated earnings of Rs. 35,000 crore from spectrum auction, the Centre's revenues are likely to touch a whopping Rs. 1-lakh crore.