Spectrum auctions sold 141.4 MHz radiowaves worth Rs 11,340.78 crore; Bharti Airtel emerges top buyer

New Delhi: Telecom czar Sunil Bharti Mittal’s Airtel on Wednesday emerged as the biggest bidder for radio waves used to transmit mobile phone voice and data signals, cornering about 60 per cent of the Rs 11,341 crore worth of spectrum sold in an auction that ended within two days.