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Govt earns Rs 1.5 trn as spectrum auction ends on day 7, Jio biggest bidder
The government had earned Rs 150, 173 crore (Rs 1.5 trillion) when the auction for telecom spectrum ended Monday afternoon after seven days of bidding and 40 rounds, adding Rs 43 crore to its kitty on the last day.
The amount earned is far higher that what the government had anticipated and the most compared to the seven auctions since 2010, with Rs 113, 932 crore in 2015 being the previous best. The spectrum range on sale was also a record high, with the government
