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Do Indian Telcos Lose Their Appetite For 2G Spectrum: The Government Could Generate Just $1.71 Billion From The Auction
On Wednesday, Norway-based telecommunication company--Telenor--emerged as the biggest bidder in India’s controversial mobile telecom 2G spectrum auctions. It's pretty-known why the refresh 2G auction was conducted by Indian regulators. In February this year, honorable Supreme Court of India cancelled all 122 2G licenses due to irregularities in distribution of spectrum in 2008. Telenor Invested INR 40.2 Billion In Auction Telenor started...