SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Second round of the 2G spectrum auction looks in tatters

26 Feb 2013 Evaluate

The second round of the 2G spectrum auction sale is expected to set up a flop show as there is no applicant for GSM band of radiowaves. While, for CDMA band, Russian Sistema's Indian joint venture, Sistema Shyam Teleservices (SSTL) is the only firm at close of deadline on Monday for applying to take part in the auction. 

The government has planned to conduct auction for spectrum unsold in November auction along with spectrum that is held by operators whose licences are due for renewal in 2014. It will auction 15 MHz of radio waves each in Delhi and Mumbai in the 1800 Mhz band, currently used for 2G GSM services, as against 4.4 Mhz and 13.2 Mhz respectively released in these circles through quashed permits.

However, in the second round of auctions in March, the government is expected to get around Rs 25,316 crore from the auction in the premium 900 Mhz band, and Rs 14,579 crore from auction of unsold spectrum in the 1800 Mhz band, while for CDMA, it is expected to get over Rs 6463 crore.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×