The telecom spectrum auctioning began on March 01 after four years and Union Communications Minister Ravi Shankar Prasad informed that only three bidders, i.e, Bharti Airtel, Vodafone-Idea Limited and Reliance Jio Infocomm have participated this year.
He said, "The winning bid till 6 pm today was Rs 77,146 crores.
The auction will resume tomorrow.
There were three participants i.e, Bharti Airtel, Vodafone-Idea Limited and Reliance Jio Infocomm this year while in 2016, there were 7 bidders.
The bidding took place for spectrum in 800, 900, 1800, 2100 and 2300 MHz.
The participants (just three this year) didn't bid for 700 and 2500 MHz."