News Roundup: 3G Auction Day 2 – 17% Premium over the base price

3G Auction Day 2 witnessed 17% premium on the base price with one provisional bid for national coverage touching $922 million.

As of Saturday (April 10th), total of 10 rounds of bidding have happened [see the pic to understand the bidding process].

3G Bidding ProcessRecommended Read: Future of Wireless in India – UMTS or LTE?

Auction Result (pdf) | Details from DoT site [pdf]

Doordarshan to go Digital

We earlier shared Doordarshan’s plans to go digital and now the cabinet has approved Rs. 1540 cr for DD (and AIR)’s digitization plans.

the 11th Plan, Rs 620 crore (Rs 6.2 billion) has been earmarked for digitalisation of DD, while for AIR it is pegged at Rs 920 crore (Rs 9.2 billion).- source

India to cut satellite launch cost by half

India plans to cut satellite launch cost by half with the heavy-lift rocket that it is developing. GSLV-Mk III that ISRO is developing now would bring down the satellite launch cost at least by half, at present, the launch cost is pegged at around USD 20,000 per kilogram – source

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