Wednesday, February 9, 2011

TRAI proposes 6-fold hike in 2G spectrum pricing

Business Line : Industry & Economy / Info-tech : TRAI proposes 6-fold hike in 2G spectrum pricing
In a development that has huge financial implications for existing as well as new operators, the Telecom Regulatory Authority of India has recommended fixing the price for 6.2 Mhz pan-India start-up 2G spectrum at Rs 10,972.45 crore, more than six times the present cost of Rs 1,658 crore.

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