Finally Here Comes The 3G Auction
By on February 23rd, 2010

 

After what seemed like an endless delay, the Telecom ministry has finally resolved its issues with the defense ministry. Hurray! We had lost hopes so much that, we started speculating whether 4G would arrive before the launch of 3G.

The Department of Telecom (DoT) will issue Notice Inviting Applications (NIA) from the potential bidders by the end of this week. All pending issues have been resolved," said telecom minister A Raja.
Asked about the date for auction of spectrum, he said, "You can take 40-45 days from the date of issuing NIA." Going by this, the auction cannot be completed within the current financial year with only 36 days remaining. The law Ministry had earlier objected to a clause in the draft NIA that successful bidders may ask for compensation in case they were not allotted spectrum within stipulated time period. ^

Though it’s unclear of how many slots would be allocated in each circle, rumor is that state government will be allotting as much as four slots to new players, due to availability of excess spectrum.

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Author: Apurva Chaudhary Google Profile for Apurva Chaudhary
Apurva is a self-proclaimed techie who likes shopping. You can follow her on twitter @unitechy (she tweets a lot)

Apurva Chaudhary has written and can be contacted at apurva@techie-buzz.com.
 
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