The auction of airwaves for telecom operators has earned over Rs. 1 lakh crore for the government. The auction was for 800 MHz, 900 Mhz, 1800 MHz and 2100 MHz covering both mobile telephony and broadband, including 4G.
A reserve price of Rs 3,423 crore per MHz was fixed for 800 MHz frequency, Rs 3,399 crore for 900 MHz band and Rs.1,425 crore for the 1,800 MHz band. The government also fixed a reserve price of Rs 3,511 crore per MHz for the 3G spectrum frequency.