India 2G spectrum auction ends, Winners announced


The Department of Telecom (DoT) has announced the winners in the 2G auctions in various circles that ended after 14 rounds. Earlier this year, Supreme Court of India cancelled 122 2G licenses issued by the Government on after 10th Jan 2008. At the end of the 2G auction government got bids worth Rs. 9,407.64 crore, much lower than their target revenue of Rs. 40,000 crore. Continue reading “India 2G spectrum auction ends, Winners announced”