Telecom News --

Idea Cellular wins 3G license in 11 service areas

Mumbai, 19 May, 2010

The Auctioneer has announced the provisional results, subject to approval by the Govt.

As per the provisional results, Idea Cellular is the winner in 11 service areas, viz. Maharashtra, Gujarat, Andhra Pradesh, Kerala, Punjab, Haryana, Uttar Pradesh (E), Uttar Pradesh (W), Madhya Pradesh, Himachal Pradesh, and Jammu & Kashmir, at a total cost of Rs. 5768.59 cr.

The 2.1 GHz (3G Spectrum) footprint of Idea covers a very high proportion (81%) of Idea’s total national revenues. Idea believes its bidding strategy and the Auction results significantly enhance Idea’s competitive position in the market.

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