4G Spectrum Auctioned Off in India, Fetches an Acquisition and $5.5B
By on June 11th, 2010

India is a country where voice is given more importance than data communication over a cellular network. Although, this situation is changing now, but mobile broadband is limited to selected pockets in the country. On the other hand, service providers are more interested in owning bandwidth to release them under high costs which is not always affordable to people.

At a recent 4G auction, (which seems useless currently in itself has India is still not living in a 3G world) Infotel, a mobile broadband provider bought the largest share of 4G spectrum and won the bid for all 22 regions this bid was being placed. One factor that makes Infotel so much better than its competitor is that it has nationwide wireless broadband operations, possibly the largest; making it the  de-facto ruler in this sector.

Others in this race, Aircel, Tikona Digital and Bharti, each got eight, four and four licenses respectively. Seeing this state, Mukesh Ambani who currently holds the Reliance Industries, is now proposing to buy Infotel for $1 billion and also agrees to pay the licensing fees.  This desperate move will make Reliance  Communication  and Reliance Industries tough competitors in the mobile business once again.

What is expected of Reliance Industries now is that it understands the current #fail scenario and need of wireless broadband in India and tries to make it better.

(Source)

Tags: , ,
Author: Chinmoy Kanjilal Google Profile for Chinmoy Kanjilal
Chinmoy Kanjilal is a FOSS enthusiast and evangelist. He is passionate about Android. Security exploits turn him on and he loves to tinker with computer networks. He rants occasionally at Techarraz.com. You can connect with him on Twitter @ckandroid.

Chinmoy Kanjilal has written and can be contacted at chinmoy@techie-buzz.com.
  • Bhavesh

    So how long it is gonna get launched???

 
Copyright 2006-2012 Techie Buzz. All Rights Reserved. Our content may not be reproduced on other websites. Content Delivery by MaxCDN