New Delhi: An apparent lack of interest in the auction for high-speed third-generation (3G) and broadband wireless access (BWA) spectrum won’t stop the government from getting bidders to cough up the cash that it needs to control a burgeoning deficit.
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That’s because many potential bidders running 2G services, already scrambling for scarce spectrum to carry mobile phone calls, desperately want the additional frequencies that will come with a 3G licence.
Mint reported on Tuesday that the pre-bid meet recently hosted by the department of telecommunications (DoT) to answer queries and resolve doubts showed that interest in the auction may have waned since 23 December, when the last such meeting was held.
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