New Delhi: The government today said that the auction process of 3G spectrum for telecom operators is as per schedule and will not be delayed as fund crunch following the global financial crisis is unlikely to impact the process.
“We are not delaying the 3G auction process as of now,” Communication and IT Minister A Raja told reporters on the sidelines of a conference here.
The minister said, there is no question of stalling or delaying the auction process, it is going.
The third-generation or 3G spectrum is scheduled to be auctioned by December-end.
Raja also said that there is no question of allowing partial payment of the bid prices by the telecom firms.
“There is no such move right now......the current credit crunch would be taken into account but that does not mean we will dilute the law,” he added.
“If the situation warrants I will talk to Prime Minister and Finance Minister,” he further added.