The Telecom Ministry says there was no consensus at today's ministers' meet on 3G, reports CNBC-TV18. "Some issues between the Department of Telecom and Defence Ministry are yet to be resolved." The ministry reiterated that the 3G auction schedule has not been pushed.
Yesterday, sources told CNBC-TV18 that the country's 3G auction for spectrum sale will start on February 12 and services would start from September 1. The government's notice for the auction is set to be finalised shortly and the winning bidders may be required to pay fees in two phases. The bidders will have to make a payment to the tune of 25% of the bid amount within five days after the auction and the balance payment within 15 days.
Source Money Control
Tuesday, January 12, 2010
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