On the revenues generated from the auctions, the Telecom Secretary said revenue of more than Rs 1 trillion (Rs 1,06,262.26 crores) from these auctions is unprecedented.
''The revenue is more than 3 times the target of Rs 35,000 crores fixed by the Ministry of Finance in its budget documents and more than five times the reserve price. The realization for 40 MHz of 3G spectrum was Rs. 67,718.95 crores which is 4.75 times the reserve price of Rs. 3500 crores and Rs 1675.10 crores per MHz pan India.
Similarly the realisation for 60 MHz of BWA spectrum was Rs. 38,543.31 crores which is 7.34 times the reserve price of Rs 1750 crores and Rs 642.39 crores per MHz pan India.
3G, BWA auctions held in fair and transparent manner: Telecom Secy .:. newkerala.com Online News - India 134193
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