Breaking News 2G Auction : Videocon bags 7 telecom circles, Telenor gets 6 Circles

Xen

EntMnt Ambassador
Official Info
Videocon has won 2G spectrum in 7 circles for Rs 2200 crore. Telenor bagged spectrum for 6 telecom circles. Idea Cellular regained all lost circles.

Government has fetched around Rs 9,400 crore against target of Rs 40,000 crore.

Videocon Telecommunications has won circles like Uttar Pradesh East, Uttar Pradesh West, Bihar, Gujarat, Haryana and Punjab.

Telenor bagged telecom circles such as Uttar Pradesh East, Uttar Pradesh West, Bihar, Gujarat, Himachal Pradesh and Maharashtra (excluding Mumbai). The Norwegian telecom major has already decided to reduce its exposure in India due to the high spectrum price and regulatory issue.

Idea has won back all circles which they lost because of the Spectrum order in February 2012.
 
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