Centre may adopt 3G auction mode for all

Sep 04, 2010 |
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New Delhi, Sept. 3: Upbeat over the resounding success of the auction of 3G and broadband wireless access spectrum, the government on Friday said that it plans to replicate the e-auction mechanism for other sectors as well.

The e-auctions for 3G and BWA spectrum were completed in May and June this year, which saw the government mopping up more than `1.06 lakh crore in revenue.

“The auctions took place in a fair and transparent manner, satisfying all the stakeholders, including the bidders who have won the spectrum for pan-India and different circles,” an official statement said on Friday.

The success of this auction has been unparalleled and the government intends to replicate this model in other sectors , it added.

Though it did not specify the sectors, sources said the e-auction model could be applied to areas like broadcasting and radio FM.

The 3G auction required simultaneous bidding for all the 21 circles. This forced players to make choices as the bid prices creeped up, dropping some circles and trying to keep some. The price increment in every round of the auction depended upon the number of bidders. If a particular circle had many interested players, bid prices went up much faster. This automatically led to the prices of coveted circles, such as the metro regions, going up.

Designed by NM Rothschild and DotEcon, along with the DoT, the auction was totally internet-based wherein bidders could login from anywhere. Each bidder was given a special password to enter the biddi-ng process. Secondly, since it was an open, transparent auction with results being declared daily, it avoided much of the criticism that surrounded the 2008 2G license process.

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