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3G Auctions Ring Up Rs 67,719cr For Govt by prashant_k005 is a document available to read on EtoBox.
The 3G spectrum auction in India raised Rs. 67,719 crore for the government, double the original revenue estimate. Nine companies bid over 34 days for licenses across different circles. Bharti, Reliance, and Aircel won the most circles. The high prices were driven by uncertainty over future spectrum availability due to the 2008 allocation of 2G spectrum at low prices, creating an artificial shortage.
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- prashant_k005
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- EN