NEW DELHI Norwegian telecommunications group Telenor ASA(TEL.OL) won airwave space in six Indian telecom zones in an auction, said a government official, retaining part of its operations after its permits there had been ordered to be revoked by a court.
Idea Cellular(IDEA.NS) won airwaves in all seven zones in which it was set to lose its permits after the court order, in a state auction that ended on Wednesday, the government official involved in the auction process said.
Videocon Telecommunications won airwaves in six zones in the auction that has drawn scant interest from bidders mainly due to a high starting price in the world's second-largest mobile phone market.
India was for the first time selling 2G mobile phone spectrum through an auction after the Supreme Court ordered the revoking of permits awarded to eight carriers in a 2008 scandal-tainted state grant process and their redistribution via open bidding.
(Reporting by Arup Roychoudhury; Editing by Sumeet Chatterjee)
Trending On Reuters
Next year, Dr. Ketan Desai is slated to head the World Medical Association (WMA), guardian of the Hippocratic Oath. The WMA is standing by him, even as he battles conspiracy allegations in two Indian courts. Desai has been facing allegations that he conspired in 2009 to have the Medical Council recommend that a private medical college be allowed to add more students. Full article