Bidders likely to lap up 3G, thanks to spectrum

Bidders likely to lap up 3G, thanks to spectrum
Comment E-mail Print Share
First Published: Thu, Nov 19 2009. 01 15 AM IST
Updated: Thu, Nov 19 2009. 03 09 PM IST
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.
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.
Click here to read more
Comment E-mail Print Share
First Published: Thu, Nov 19 2009. 01 15 AM IST
More Topics: 3G | Dot | Spectrum | Bidding | Telecom |