Indian wireless carriers begin bidding in 3G spectrum auction
April 9th, 2010 admin
Today nine Indian wireless carriers, including Bharti Airtel, Reliance, Tata DocoMo, and Vodafone Essar, began bidding on 3G spectrum. The auction’s reserve price is 35 billion rupees ($789 million) for three licenses in 22 zones. The carriers could begin to deliver 3G services as soon as the end of 2010 or early 2011. India currently has 563.73 million wireless subscribers, which is less than 50 percent of the population (1.2 billion people). Read the full story here.
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