India intends to hold another 2G auction by March 31
MUMBAI (Reuters) - The government intends to hold an auction of mobile phone airwaves that were left unsold at a sale this week before March 31, the telecommunications minister, Kapil Sibal, said on Friday.
Four telecom zones, including the expensive Delhi and Mumbai circles, saw no demand in an auction that ended on Wednesday, raising less than a quarter of the government's 400 billion rupees target.
The government was also left with no bidders in the CDMA (Code Division Multiple Access) part of the auction after Tata Teleservices and Videocon Telecommunications dropped their interest.
The decision on the fresh auction will be taken by a panel of ministers, Sibal told reporters.
(Reporting by Aradhana Aravindan; Editing by Jijo Jacob)
- Tweet this
- Share this
- Digg this
- Malaysia military source says missing jet veered to west
- UPDATE 3-U.S. Senate intelligence chief accuses CIA of spying on Senate
- UPDATE 5-Libyan parliament sacks PM after tanker escapes rebel-held port
- UPDATE 3-Time running out for EU bid to engage Russia, Germany warns
- Freescale loss in Malaysia tragedy leads to travel policy questions
MISSING MALAYSIAN PLANE
Malaysia's military believes a jetliner missing for almost four days turned and flew hundreds of kilometres to the west after it last made contact with civilian air traffic control off the country's east coast, a senior officer told Reuters on Tuesday. Full Article | Slideshow
India halts plan to join global bond indexes, defers Euroclear - sources. Full Article
EXCLUSIVE - India to slash Iran oil imports to meet nuclear deal parameters: sources. Full Article