Monday, April 12, 2010

India - Nine Companies Bid for India Bandwidth

[wsj] The bidding for radio bandwidth to offer third-generation mobile-telephone services across India resumed for a second day on Saturday, with the price for one slot touching 40.85 billion rupees ($925 million).

Friday's starting price was 35 billion rupees.

Delhi remained one of the most sought-after service areas at the end of a total of 10 rounds. It received bids from four competitors for the three available slots, attracting the highest price among all service areas at 3.92 billion rupees, the Telecommunications Department said

Nine Companies Bid for India Bandwidth

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